Burger King
Single-Tenant Offerings
Burger King
7801 SW State Road 200
Ocala (Orlando MSA), FL
- Price:
- $1,619,000
- Cap Rate:
- 5.25%
- NOI:
- $85,000
- Rentable SQFT:
- 2,800 SF
- Year Built:
- 2017
- Lot Size:
- 1.58 +/- Acres
- Lease Type:
- Ground Lease
- Status:
- Under Contract
Investment Highlights
- 20-Year Absolute NNN Ground Lease
- 10% Increases Every 5 Years
- Experienced Operator with 24+ Locations, Strong Personal Guaranty
- Strong Store Sales, Rent-to-Sales Ratio Under 5%
- New 2017 Construction with a Drive-Thru
- 44,148 Residents within Rapidly Growing Trade Area
- Projected to Add 16,000 Residents Over the Next 5 Years
- Surrounded by Several Major Commercial and Residential Developments
- Highly Visible to 49,500 Cars/Day, Hard Corner Location at Signalized Intersection
- Just West of I-75 with 65,500 Cars/Day, Direct Access to Downtown Orlando
- Outparcel to New Walmart Neighborhood Market and Across from Publix Anchored Shopping Center
- Adjacent to On Top of the World Gated-Community with 10,000 Homes and Stone Creek with 3,800 Homes
- Minutes to College of Central Florida Ocala Campus with 9,000 Students
- Down the Street from New AdventHeath Regional Hospital and TimberRidge Medical Park, Undergoing $150 Million Expansion
- 6 Miles to Ocala International Airport
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