Verizon – Signalized Intersection/Home Depot Outparcel

  • $3,465,000
3451, Southwest College Road, Ocala, Marion County, Florida, 34474, United States of America

Verizon – Signalized Intersection/Home Depot Outparcel

3451, Southwest College Road, Ocala, Marion County, Florida, 34474, United States of America
  • $3,465,000

Overview

Property ID: 18555
  • Property Type
  • Industrial Properties
  • 4500
  • sqft
  • N/A
  • Year Built

Description

Located at 3451 Southwest College Road in Ocala, Florida, this single-tenant freestanding Verizon Wireless store consists of a 4,500 sq.ft. retail space with ample parking that sits on a huge 1.27-acre-parcel of land. The subject property is situated less than a mile from the College of Central Florida – Ocala Campus that has a student count of more than 9,500. It is also just a mile away from Paddock Mall. The property is strategically positioned at the signalized intersection of the entrance to a Home Depot and Southwest College Road and sees over 44,507 vehicles per day. The property is also distanced just 400 feet from the Interstate-75 exit, which sees 73,500 vehicles per day. Several national and regional retailers are also present in the surrounding, including Chick-Fil-A, Home Depot, Bob Evans, Panda Express, T-Mobile, Mattress One, Chili’s, BP, Holiday Inn & Suites, Hampton Inn & Suites, Pet Smart Hudson’s Furniture, and Ruby Tuesday.

Headquartered in New Jersey, Verizon Communications Inc. (NYSE, NASDAQ: VZ), is a global leader in delivering broadband and other wireless and wireline communication services to consumer, business, government, and wholesale customers. The company is a joint venture of Verizon Communications and Vodafone (NASDAQ and LSE: VOD). With approximately 111 million retail consumers nationwide, Verizon Wireless is America’s most reliable wireless network.

This investment property is suitable for a 1031 exchange.

Property Details – 

  • Property Type – Industrial Property
  • Property Status – To Be Available Soon
  • Location – 3451, Southwest College Road, Ocala, Marion County, Florida, 34474, USA
  • Year of Construction – N/A
  • Lease Type – Absolute Net Lease
  • Lease Expiration – N/A
  • Property Size – 4500 sq.ft.

Details

Updated on April 21, 2020 at 4:38 am
  • Price: $3,465,000
  • Property Size: 4500 sqft
  • Year Built: N/A
  • Property Type: Industrial Properties
  • Property Status: Coming Soon
  • Cap Rate: 6.50%
  • Lease Expiration: N/A
  • NOI: $225,225
  • Tenant: SW College Rd
  • Address 3451, Southwest College Road, Ocala, Marion County, Florida, 34474, United States of America
  • City Ocala
  • State/county Marion County
  • Zip/Postal Code 34474

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Ronnie Issenberg
  • Ronnie Issenberg

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