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2100 S Pine Ave
Ocala, FL 34471
Retail Property For Sale

Investment Highlights

  • 20-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow
  • Over 17 Years Remaining on the Original Lease
  • Strong Academic Presence | Located Three Miles from College of Central Florida Ocala Campus | Enrollment Exceeds 18,800 Students
  • Growing Franchisee that Could Lead to a Credit Increase in the Future
  • Strong Hedge Against Inflation | Attractive Annual Rental Increases of 1.40%
  • Centrally Located Around Multiple Hospitality Accommodations

Property Facts

Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,333 SF
Building Class
C
Year Built
1975
Tenancy
Single
Building Height
1 Story
Building FAR
0.99
Lot Size
0.17 AC
Zoning
B4
Parking
20 Spaces (2.73 Spaces per 1,000 SF Leased)
Frontage
189’ on Parking Lot

Amenities

  • Pylon Sign
  • Signage

About 2100 S PINE AVE , OCALA, FL 34471

This Maaco Collision Repair and Auto Painting property is situated on South Pine Avenue, which boasts an average daily traffic count exceeding 34,100 vehicles. South Pine Avenue intersects with SW 17th St, which brings an additional 35,000 vehicles into the immediate area on average daily. There are approximately 40,000 individuals residing within a three-mile radius of the property and nearly 90,000 individuals within a five-mile radius. The subject property benefits from being well-positioned in a dense retail corridor consisting of national and local tenants, hospitals, and hotels all within close proximity of this property. Major national tenants include: Publix, CVS Pharmacy, AutoZone, McDonald’s, IHOP, Popeye’s, Burger King, Dunkin’ Donuts, Subway, Longhorn Steakhouse, and many more. This subject property also benefits from being located less than one mile from Ocala Regional Medical Center, a 421-bed facility located in the heart of Ocala. Additionally, this Maaco property benefits from its close proximity to several academic institutions. Most notable is the College of Central Florida Ocala Campus, which is located less than three miles from the subject property and boasts a total enrollment exceeding 18,836 students. Ocala rests in Marion County, part of the northern region of Florida. Known as “horse country,” Ocala offers visitors winding community pathways and the opportunity to explore miles of untainted nature. Ocala and the region's freshwater streams, rolling hills and clean air remain unspoiled and have been used for Hollywood movies. Ocala is known for nearby Silver Springs, a national landmark and nature theme park on 350 acres, considered to be Florida's "original attraction.” Ocala is one of only five cities allowed to use the title, “Horse Capital of the World,” based on annual revenue produced by the horse industry. 44,000 jobs are sustained by breeding, training, and related support of the industry, which generates over $2.2 billion in annual revenue. Postime Farms and Ocala serve as host to one of the largest horse shows in the country: H.I.T.S or "Horses in the Sun", a Dressage/Jumper event lasting about two months. It generates some 6 to 7 million dollars for the local Marion County economy each year.

Property Taxes

Property Taxes

Parcel Number
3090-000-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$529,280
  • Listing ID: 18641033

  • Date on Market: 2/25/2020

  • Last Updated:

  • Address: 2100 S Pine Ave, Ocala, FL 34471

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