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3620 SE Maricamp Rd
Ocala, FL 34480
Compass Bank NNN Annual Increases · Retail Property For Sale

Investment Highlights

  • COMPASS BANK (S & P BBB+) ABSOLUTE NNN LEASE WITH MORE THAN FIVE YEARS REMAINING ON THE BASE TERM WITH OPTIONS
  • LEASE BACKED BY COMPASS BANK - 672 BRANCH LOCATIONS WITH OVER $70 BILLION IN DEPOSITS
  • STRONG TRAFFIC COUNTS EXCEEDING 55,000 VEHICLES PER DAY
  • ABSOLUTE NNN LEASE WITH ANNUAL INCREASES IN RENT CPI OR 3% ANNUALLY)
  • LOCATED AT A SIGNALIZED INTERSECTION IN CLOSE PROXIMITY TO NUMEROUS NATIONAL RETAILERS INCLUDING WALGREENS
  • FLORIDA IS A NO INCOME TAX STATE

Property Facts

Property Type
Retail
Property Subtype
Bank
Building Size
5,649 SF
Building Class
C
Year Built/Renovated
1990/2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.91 AC
Zoning
B2 - Community Business
Parking
43 Spaces
Frontage
276’ on Maricamp Rd

Amenities

  • Air Conditioning

About 3620 SE MARICAMP RD , OCALA, FL 34480

Marcus & Millichap is pleased to present for sale this Compass Bank in Ocala, Florida. Located at the hard corner signalized intersection of SE Maricamp Road and SE 36th Avenue, this bank branch experiences traffic counts in excess of 55,600 vehicles per day. This 4,704 square foot Ban Branch is situated on a large .91 acre parcel of land. Compass Bank has been at this branch since 2005 and has strong, steady deposits exceeding $39 Million per year.

Property Taxes

Property Taxes

Parcel Number
29739-001-00
Land Assessment
$475,680
Improvements Assessment
$417,314
Total Assessment
$892,994
  • Listing ID: 19170940

  • Date on Market: 4/9/2020

  • Last Updated:

  • Address: 3620 SE Maricamp Rd, Ocala, FL 34480

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