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29874081
29874082

3680 E Silver Springs Blvd, Ocala, FL 34470

MG
FL SL3303809
LPT Realty
Listed by LPT Realty
$1,350,000
113 days on market
Updated 45 days ago

Corporate Take 5 NNN Investment | Dual Building | Value-Add

Details
APN 2731-001-000
Property Type Mixed Use, Retail (+1)
Sub Type Auto Shop, Car Wash (+1)
Square Footage 4,114
Cap Rate 4.44%
NOI $60,000
Occupancy 50%
Tenancy Multi
Brand/Tenant Take 5 Oil Change
Lease Type NNN
Lease Term 15
Remaining Term 7
Rent Bumps Yes
Lease Options yes
Pro-Forma Cap Rate 6.67%
Pro-Forma NOI $90,000
Price per SqFt $328
Broker Co-Op Yes
Class C
Year Built 1984/1996
Year Renovated 2023
Buildings 2
Lot Size (SqFt) 37,462
Zoning B2A
Investment Type Net Lease
Tenant Credit Corporate Guarantee

Mixed Use | 6.67% Pro-Forma | 3,400 SqFt

Marketing description

Offered is a high-visibility, dual-building automotive investment property located on ±0.86 acres along E Silver Springs Blvd in Ocala, FL The site is zoned B2A and positioned in a strong commercial corridor with established traffic and surrounding retail synergy.

The primary building is occupied by Take 5 Oil Change under a corporate-guaranteed NNN lease, with 7 years remaining on the initial 15-year term, providing stable, passive income with minimal landlord responsibilities. The structure was originally built in 1984 and has been recently improved, including a reroof in 2023 and fresh exterior paint, supporting long-term durability and tenant retention. The property also includes a second freestanding building currently configured for automotive use (formerly car wash / auto repair), which has been converted into a detailing, tinting, and tire shop-style facility

This creates a compelling value-add opportunity. Pro forma underwriting projects a 6.7% cap rate upon stabilization, assuming the secondary building is leased to a complementary automotive or tire-related business, enhancing both income and site synergy.

The site features substantial paved areas, including over 13,900 SF of asphalt paving and additional concrete improvements allowing for strong circulation, stacking, and parking — ideal for automotive operations.

This is an ideal opportunity for investors seeking stable corporate-backed income with additional upside through lease-up and optimization of the secondary building.

Investment highlights

Investment Highlights:

  • Corporate-guaranteed Take 5 Oil Change (NNN)

  • 6 years remaining on 15-year lease term

  • Dual-building automotive asset on one parcel

  • ±0.86 acres in established commercial corridor

  • B2A zoning

  • Reroofed in 2023; recently painted

  • Strong value-add component with secondary building lease-up

  • Pro forma 6.7% cap rate

Listing Contacts

MG
FL SL3303809
LPT Realty
Listed by LPT Realty

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$60,000.00
$5,000.00/mo

Valuation Metrics

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DSCR
4.44%
Cap Rate
4.44%
ROI

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Additional Information

Name
Mauricio Gomez
License
SL3303809
Brokerage
Gomez Commercial Group powered by LPT
Brokerage Phone
407-272-7277
Title
Owner
Brokerage Address
3700 34th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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