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 ants 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.
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 ants 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
Building and Construction
Covered Spaces: 0.00
Living Area: 10933.00
Garage and Parking
Garage Spaces: 0.00
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Road Frontage Type: City Street
Finance and Tax Information
Home Owners Association Fee: 0.00
Net Operating Income: 0.00
Tax Year: 2023
Other Features
Country: US
Legal Description: 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
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