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1839 SW COLLEGE ROAD

OCALA , FL 34471

MLS#: OM674897

$2,500,000

Status: Active
Listing number: OM674897
Listing provided by: GUS GALLOWAY REALTY INC
Listing agent phone: None
Last update: 10 months ago
On site: 1 year, 4 months ago
Browse Properties
SUNSET ADD - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1984

Sq.Footage

10,933

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.64

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $2,500,000

  • Tax Amount

    16703.23

  • Sq. Footage

    10, 933

  • Price/SqFt

    $228

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Foundation Details

    Slab

  • Ownership

    Sole Proprietor

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Location

County

Marion

Elementary School

Middle School

High School

Listing Courtesy of Nolan Galloway, III , GUS GALLOWAY REALTY INC

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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.

1839 SW COLLEGE ROAD

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