Commercial Sale Property - Retail in Ocala
Listing Price: $2,500,000
Description of Property
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.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Retail
City: Ocala
County: Marion
Subdivision: Sunset Add
Sq. Ft. Gross: 10,933
Sq. Ft. Living Area: 10,933
Cost per (heated) sqare foot: $229
Year built: 1984
Annual Tax: $16,703
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Water Access: Not specified
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Exterior & Construction
Architectural Style:
Construction: Block
Foundation: Slab
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Parking Features:
Floors Total: 1
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Cooling: Central Air
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Lot Information
Lot Features:
Lot Size (acres): 0.64
Lot Size (sq. ft.): 27,878 square feet
Road Frontage: City Street
Adjoining Property:
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Legal Description & Other Information
Parcel Number: 2350000000
Zoning: B4
Tax Legal Desc.: SEC 24 TWP 15 RGE 21 PLAT BOOK C PAGE 051 SUNSET ADD BLK B SLY 40 FT OF L 11 & NLY 90 FT L 10
Listing courtesy of GUS GALLOWAY REALTY INC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.