Ocala, FL 34476

Meineke Car Care Center

Property Address

6187 SW Hwy 200, Ocala, FL, USA

Offering Summary

  • Price: $2,000,000
  • Lot Size: 0.59 Acres
  • Cap Rate: 6.0%
  • Year Built: 2017
  • Building SF: 4,280
  • Status: Available
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  • 10-Year Lease with a Multi-Unit Meineke Franchisee (35+ Units)
  • 10% Rental Increase Occurring in 2029, with Annual Increases Occurring in Each of 4, 5-Year Renewal Options
  • Densely-Populated Ocala Trade Area with 75,481 Residents within a 5-Mile Radius
  • Households and Population Projected to Increase 13%+ in the Immediate Area Over the Next 5 Years
  • Adjacent to a New Master-Planned Community in Development - at Build-Out, it Will Include a BJ's Wholesale Club, 2,028 Single-Family Homes, 240 Townhomes, 888 Multifamily Units, and 270 Acres of Retail and Commercial Space
  • Excellent Frontage Along SW Highway 200 (±38,000 Cars per Day), Ocala's Primary Thoroughfare with Direct Access to Downtown Ocala
  • Easy Freeway Access, 3 Miles Off Interstate 75
  • Surrounded by National Tenants: Walgreens, Family Dollar, CVS, and More

Broker Information