Log In/Sign Up
Your email has been sent.
3680 E Silver Springs Blvd
Ocala, FL 34470
Retail Property For Sale
Investment Highlights
- Corporate-guaranteed Take 5 Oil Change NNN lease provides passive income with minimal landlord responsibilities.
- Dual-building automotive property offers additional upside through the second freestanding building.
- Recent capital improvements include a new roof in 2023 and fresh exterior paint.
- Approximately 7 years remain on the initial 15-year lease term, supporting income stability.
- Positioned along E Silver Springs Blvd with strong visibility in an established commercial corridor.
Executive Summary
Offered is a high-visibility, dual-building automotive investment property located on ±0.86 acres along E Silver Springs Blvd in Ocala, FL The site is zoned B2A and positioned in a strong commercial corridor with established traffic and surrounding retail synergy.
The primary building is occupied by Take 5 Oil Change under a corporate-guaranteed NNN lease, with 7 years remaining on the initial 15-year term, providing stable, passive income with minimal landlord responsibilities. The structure was originally built in 1984 and has been recently improved, including a reroof in 2023 and fresh exterior paint, supporting long-term durability and tenant retention. The property also includes a second freestanding building currently configured for automotive use (formerly car wash / auto repair), which has been converted into a detailing, tinting, and tire shop-style facility
This creates a compelling value-add opportunity. Pro forma underwriting projects a 6.7% cap rate upon stabilization, assuming the secondary building is leased to a complementary automotive or tire-related business, enhancing both income and site synergy.
The site features substantial paved areas, including over 13,900 SF of asphalt paving and additional concrete improvements allowing for strong circulation, stacking, and parking — ideal for automotive operations.
This is an ideal opportunity for investors seeking stable corporate-backed income with additional upside through lease-up and optimization of the secondary building.
The primary building is occupied by Take 5 Oil Change under a corporate-guaranteed NNN lease, with 7 years remaining on the initial 15-year term, providing stable, passive income with minimal landlord responsibilities. The structure was originally built in 1984 and has been recently improved, including a reroof in 2023 and fresh exterior paint, supporting long-term durability and tenant retention. The property also includes a second freestanding building currently configured for automotive use (formerly car wash / auto repair), which has been converted into a detailing, tinting, and tire shop-style facility
This creates a compelling value-add opportunity. Pro forma underwriting projects a 6.7% cap rate upon stabilization, assuming the secondary building is leased to a complementary automotive or tire-related business, enhancing both income and site synergy.
The site features substantial paved areas, including over 13,900 SF of asphalt paving and additional concrete improvements allowing for strong circulation, stacking, and parking — ideal for automotive operations.
This is an ideal opportunity for investors seeking stable corporate-backed income with additional upside through lease-up and optimization of the secondary building.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,114 SF
Building Class
B
Year Built
1996
Price
$1,861,569 CAD
Price Per SF
$452.50 CAD
Cap Rate
4.44%
NOI
$82,736 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
0.86 AC
Zoning
B2A - intended for community-scale retail sales, personal and business services, and professional office uses with a focus on walk-in trade
Parking
2 Spaces (0.49 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 2731-001-000 | Improvements Assessment | $255,176 CAD |
| Land Assessment | $232,460 CAD | Total Assessment | $487,636 CAD |
Property Taxes
Parcel Number
2731-001-000
Land Assessment
$232,460 CAD
Improvements Assessment
$255,176 CAD
Total Assessment
$487,636 CAD
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
