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2175 E Silver Springs Blvd
Ocala, FL 34470
Zaxby's | Sale-leaseback | Income Tax-Free FL · Retail Property For Sale
Investment Highlights
- Brand new 20 year lease with Zaxby’s
- Absolute NNN Lease - No landlord management obligations
- Extremely well located on Silver Springs Blvd (SR 40), The market’s primary high traffic East/West arterial
- Longest standing Zaxby’s operator – Swamp Dawg Restaurant Management Group
- Fixed rental increases throughout the entire lease
- Excellent visibility and access | Florida has NO STATE INCOME TAX
Executive Summary
CBRE is pleased to present the exclusive listing for the Zaxby’s located at 2175 E Silver Springs Blvd in Ocala, FL. The site consists of 3,782 total square feet of building space and sits on 1.17 acres of land. The site will be subject to a 20 year sale-leaseback with Zaxby’s longest standing operator – Swamp Dawg Restaurant Management Group. Starting in year one, the base rent shall be $ 182,555. The lease will call for 8.00% rental escalations every 5 years during the base term and throughout the four, five-year renewal option periods (40 year total term).
Situated on Ocala’s premier east–west thoroughfare, this property delivers exceptional exposure along Silver Springs Blvd (SR 40), a high-traffic corridor linking Downtown Ocala with Silver Springs State Park. The site has a proven ability to attract steady customer traffic and strong sales. Surrounded by established neighborhoods and supported by a diverse mix of families, retirees, and workforce populations, the location is well-positioned for fast-casual dining, drive-thru concepts, and daily-needs retail. With excellent access, strong co-tenancy, and both commuter and tourist demand, this corridor offers operators a strategic foothold in one of Ocala’s most dynamic retail environments.
Situated on Ocala’s premier east–west thoroughfare, this property delivers exceptional exposure along Silver Springs Blvd (SR 40), a high-traffic corridor linking Downtown Ocala with Silver Springs State Park. The site has a proven ability to attract steady customer traffic and strong sales. Surrounded by established neighborhoods and supported by a diverse mix of families, retirees, and workforce populations, the location is well-positioned for fast-casual dining, drive-thru concepts, and daily-needs retail. With excellent access, strong co-tenancy, and both commuter and tourist demand, this corridor offers operators a strategic foothold in one of Ocala’s most dynamic retail environments.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
3,782 SF
Building Class
C
Year Built
1984
Price
$4,338,474 CAD
Price Per SF
$1,147.14 CAD
Cap Rate
5.85%
NOI
$253,801 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.00 AC
Zoning
B2
Parking
50 Spaces (13.22 Spaces per 1,000 SF Leased)
Frontage
75’ on Silver Springs Blvd
Amenities
- Freeway Visibility
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 28335-010-03 | Improvements Assessment | $870,655 CAD |
| Land Assessment | $425,131 CAD | Total Assessment | $1,295,786 CAD |
Property Taxes
Parcel Number
28335-010-03
Land Assessment
$425,131 CAD
Improvements Assessment
$870,655 CAD
Total Assessment
$1,295,786 CAD
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