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Ellianos Coffee - Ocala FL 101 SW 60th Ave 820 SF Retail Building Ocala, FL 34474 $2,369,098 CAD ($2,889.14 CAD/SF) 6% Cap Rate
Investment Highlights
- Brand New 15-Year Lease | Strong & Growing Tenant | Scheduled Rental Increases | Options to Extend
- Off I-75 | Off Signalized, Hard Corner Intersection |Silver Springs Road | Second Ellianos in Ocala
- Demographics in 5-mile Trade Area
- Absolute NNN | Zero Landlord Responsibilities | No State Income Tax
- Ideal Demographics in Local Trade Area | Marion County | Ocala, FL - 6th Fastest-Growing City in US | World Equestrian Center
Executive Summary
• The tenant signed a brand-new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site
• Ellianos Coffee was founded in Lake City, FL, and currently has 69 operating locations with over 180 additional locations planned
• The lease features a 10% rental increases every five years throughout the initial term and in the options to extend, steadily growing the NOI and providing a hedge against inflation
• Ellianos Coffee was founded in Lake City, FL, and currently has 69 operating locations with over 180 additional locations planned
• The lease features a 10% rental increases every five years throughout the initial term and in the options to extend, steadily growing the NOI and providing a hedge against inflation
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
820 SF
Building Class
B
Year Built
2025
Price
$2,369,098 CAD
Price Per SF
$2,889.14 CAD
Cap Rate
6%
NOI
$142,169 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.50 AC
Zoning
B2
Frontage
134’ on 60th Ave
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 2318-001-002 | Improvements Assessment | $0 CAD |
| Land Assessment | $238,599 CAD | Total Assessment | $238,599 CAD |
Property Taxes
Parcel Number
2318-001-002
Land Assessment
$238,599 CAD
Improvements Assessment
$0 CAD
Total Assessment
$238,599 CAD
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Ellianos Coffee - Ocala FL | 101 SW 60th Ave
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