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5891 SE 88TH Street, Ocala, FL 34472
$1,615,488
Property Type:
Commercial Sale
Square Footage:
9,100
Lot Size (sq. ft.):
54,450
Status:
Closed
Current Price:
$1,615,488
List Date:
9/21/2017
Last Modified:
1/11/2025
Overview
Description
Listing Details MLS# 901771
General Property Information
- Building Area Total
- 9100
- Building Area Source
- Plans
- Lot Size Acres
- 1.25
- Water Body Access YN
- No
- Waterfront YN
- No
- Stories Total
- Yes
- Directions
- From the intersection E. Silver Springs Rd. (40) and Baseline Rd (35) in Ocala, travel South approx. 8.4 miles to the property. Property is on the left.
- Public Remarks
- Newly constructed Dollar General store located in Ocala, Florida. This property is located along a main road with great visibility. Dollar General has guaranteed a new 15-year NNN lease with Four 5-year options with 10% increases. Tenant is responsible for all expenses and maintenance at the property including taxes and insurance. Dollar General corporately guarantees the lease and is an Investment Grade Tenant with an S&P rating of BBB. This passive investment offers buyers a secure investment with no management responsibilities and rent guaranteed by a stable, recession-proof tenant.
- List Price/SqFt
- 177.53
- Sold Price/SqFt
- 177.53
Property Features
Construction Materials:
Frame
Current Use:
Commercial; Retail
Flooring:
Concrete
Heating:
Central
Listing Terms:
Cash; Conventional
Possession:
Subject To Tenant Rights
Roof:
Metal
Sewer:
Public Sewer
Tenant Pays:
All Utilities; Exterior Maintenance; Insurance; Taxes
Water Source:
Public
Contract Information
- Listing Contract Date
- 2017-09-21
- Property Sub Type
- Mixed Use
Location Tax and Legal
- Street Number
- 5891
- Street Direction Prefix
- SE
- Street Name
- 88TH
- Street Suffix
- Street
- County
- Marion
- State
- FL
- Postal Code
- 34472
- MLS Area Major
- 643-Marion County-SE
Status Change Information
- Major Change Timestamp
- 2017-09-21T17:45:34Z
- Major Change Type
- Status Change
- Purchase Contract Date
- 2017-09-21
- Close Date
- 2017-09-21
- Close Price
- 1615488
Historical Information
- Public Historical Remarks 1
- Road Surface: Asphalt Road, Possible Financing-1031 Exchange: Y
- Public Historical Remarks 2
- Number of Buildings: 1 Building
- Public Historical Remarks 3
- Current Zoning: Retail
More Information
Location, Tax, and Legal
- Parcel Number
- 3752001006
Construction Materials
- Frame
- Yes
Current Use
- Commercial
- Yes
- Retail
- Yes
Flooring
- Concrete
- Yes
Heating
- Central
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Possession
- Subject To Tenant Rights
- Yes
Roof
- Metal
- Yes
Sewer
- Public Sewer
- Yes
Tenant Pays
- All Utilities
- Yes
- Exterior Maintenance
- Yes
- Insurance
- Yes
- Taxes
- Yes
Water Source
- Public
- Yes
Listing Office:
SWIFT CREEK REALTY & INVESTMENT CORP.

Last Updated: January - 11 - 2025
Information deemed reliable but not guaranteed.