1839 SW COLLEGE RD Active Save Request In-Person Tour Request Virtual Tour
Ocala,FL 34471
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 10,933 sqft
Price per Sqft $228
Subdivision Sunset Add
MLS Listing ID OM674897
HOA Y/N No
Originating Board Stellar MLS
Year Built 1984
Annual Tax Amount $16,703
Lot Size 0.640 Acres
Acres 0.64
Property Description
Class A Retail Building with frontage on SR 200 (College Road) Ocala's #1 Corridor. The building is currently leased to a Curaleaf Florida, a Medical Cannabis Dispensary, who recently entered into their second 5 year term which is set to expire or renew in November 2028. Curaleaf Florida is leasing the property on a NNN basis with a current annual net income of $131,196 with 5% annual escalations. The property has substantial renovations to suit the ten-ant’s needs; the current interior buildout consists of reception, pharmacy, consultation rooms, warehouse, 4 roll up doors with varying levels of dock high loading, excellent exposure on SR 200, and ample parking. The property sits on .64 acres and is located on SR 200 close to I-75, US Hwy 441/301/27, Downtown Ocala, Local Hospitals, and the Marion County Courthouse.
Location
State FL
County Marion
Community Sunset Add
Zoning B4
Interior
Cooling Central Air
Exterior
Waterfront false
Building
Story 1
Foundation Slab
Lot Size Range 1/2 to less than 1
Structure Type Block
New Construction false
Others
Ownership Sole Proprietor
Special Listing Condition None