Eric Chery
Restaurant

Commercial Sale · Restaurant

$5,295,000$5,500,00012,576 sq ft$421 /sq ft2.54 acres6% cap

2111 SW COLLEGE ROAD, OCALA, FL, 34471

Active538 days on marketListed Feb 11, 2025MLS #O6279940

About this property

The property at a glance

This is a NNN Sale producing 6.00% return on investment, within 28 months before the new bump of 10% bringing the income to $349,418 to and a 6.6% return with bumps of 10% every 5 years. There is 12 years remaining on the lease by award winning franchisee with 32 locations throughout Florida and Georgia, with 3 Five Year option for this high performing store.

12,576

Building sq ft

$421

Price / sq ft

2.54

Lot acres

1996

Year built

1

Building

B2

Zoning

Restaurant

Property type

Building size12,576 sq ft
Lot size2.54 acres
Year built1996
Buildings1
ZoningB2
ParkingGround Level · Lighted · Over 30 Spaces
ConstructionBrick
CoolingCentral Air
HeatingCentral
UtilitiesBB/HS Internet Capable · Electricity Available · Public · Water Connected
Annual taxes$39,508

The numbers

Investment snapshot

6%

Cap rate

$317,653

Net operating income

Estimated payment (illustrative)

Down payment25% · $1,323,750
Interest rate6.00%
Loan term

Estimated payment

$27,262/mo

Principal & interest$23,810
Property taxes (actual bill)$3,292
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Eric to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

37,500vehicles / day · 2025Cr-475a to Sr-464/Sw 17 St · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Golden CorralRestaurant0 mi
Pearson NissanRetail0.1 mi
WalgreensBank0.1 mi
Carrabba's Italian GrillRestaurant0.2 mi
Pizza HutRestaurant0.2 mi
TargetRetail0.3 mi
Sonny's BBQRestaurant0.3 mi
Panera BreadRestaurant0.3 mi
Raising Cane'sRestaurant0.3 mi
Taco BellRestaurant0.3 mi
Honda of OcalaRetail0.4 mi
BowlersMart OcalaRetail0.4 mi
DeLuca ToyotaRetail0.5 mi
Jenkins MazdaRetail0.5 mi
Kane's Furniture - OcalaRetail0.5 mi
Kangaroo ExpressGrocery0.6 mi
Bob's FurnitureRetail0.6 mi
Burger KingRestaurant0.6 mi
BurlingtonRetail0.6 mi
RossRetail0.7 mi
SonicRestaurant0.7 mi
ALDIGrocery0.7 mi
Famous FootwearRetail0.7 mi
StarbucksRestaurant0.7 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

26,031

Population

$60,283

Median income

44.2

Median age

2.31

Avg household

$292,200

Median home value

$1,225/mo

Median rent

2,491

Households w/ kids

Recent sales

What actually sold near 2111 SW COLLEGE ROAD

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

3811 SW COLLEGE ROAD

$2,900,000

3811 SW COLLEGE ROAD

3,807 sqft · $762/sqft · Sold Oct 4, 2024

1020 NE 16TH STREET

$132,000

1020 NE 16TH STREET

12,487 sqft · $11/sqft · Sold Jan 27, 2025

3055 SW COLLEGE ROAD

$1,746,000

3055 SW COLLEGE ROAD

9,989 sqft · $175/sqft · Sold Jul 14, 2025

Your team

The pros in your corner

Eric Chery

Your agent

Eric Chery

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 2111 SW COLLEGE ROAD — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 2111 SW COLLEGE ROAD.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Eric's phone and CRM.

Goes straight to Eric’s phone and CRM.

Listing courtesy of COLDWELL BANKER REALTY · Edward Johnston. MLS #O6279940.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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