Auto Parts
Meineke Car Care Center
6187 SW State Rd 200, Ocala, FL 34476
Listing Price: $2,000,000
Investment Overview
Meineke is one of the largest and most-recognized automotive repair brands in North America, with approximately 750 auto repair locations nationwide. PARC Auto is a franchisee of Meineke Car Care Centers. PARC Auto owns and operates 35 high-performing locations throughout Kentucky, Indiana, and Florida.
Ocala is a city in, and the county seat of, Marion County, Florida. Located in North Central Florida, the city is home to an estimated 64,000 residents. Ocala is the principal city of the Ocala metropolitan area, which is home to approximately 376,000 residents.
Meineke Car Care Center
Investment Highlights
- 10-Year Lease with a Multi-Unit Meineke Franchisee (35-Plus Units)
- 10 Percent Rental Increase Occurring in 2029, with Annual Increases Occurring in Each of Four Five-Year Renewal Options
- Densely-Populated Ocala Trade Area with 75,481 Residents within a Five-Mile Radius
- Households and Population Projected to Increase 13 Percent-Plus in the Immediate Area Over the Next Five Years
- Adjacent to a New Master-Planned Community in Development - at Build-Out, it Will Include a BJ's Wholesale Club, 2,028 Single-Family Homes, 240 Townhomes, 888 Multifamily Units, and 270 Acres of Retail and Commercial Space
- Excellent Frontage Along SW Highway 200 (±38,000 Cars per Day), Ocala's Primary Thoroughfare with Direct Access to Downtown Ocala
- Easy Freeway Access, Three Miles Off Interstate 75
- Surrounded by National Tenants: Walgreens, Family Dollar, CVS, and More
Listing Price: $2,000,000
Investment Highlights
- 10-Year Lease with a Multi-Unit Meineke Franchisee (35-Plus Units)
- 10 Percent Rental Increase Occurring in 2029, with Annual Increases Occurring in Each of Four Five-Year Renewal Options
- Densely-Populated Ocala Trade Area with 75,481 Residents within a Five-Mile Radius
- Households and Population Projected to Increase 13 Percent-Plus in the Immediate Area Over the Next Five Years
- Adjacent to a New Master-Planned Community in Development - at Build-Out, it Will Include a BJ's Wholesale Club, 2,028 Single-Family Homes, 240 Townhomes, 888 Multifamily Units, and 270 Acres of Retail and Commercial Space
- Excellent Frontage Along SW Highway 200 (±38,000 Cars per Day), Ocala's Primary Thoroughfare with Direct Access to Downtown Ocala
- Easy Freeway Access, Three Miles Off Interstate 75
- Surrounded by National Tenants: Walgreens, Family Dollar, CVS, and More
Investment Overview
Meineke is one of the largest and most-recognized automotive repair brands in North America, with approximately 750 auto repair locations nationwide. PARC Auto is a franchisee of Meineke Car Care Centers. PARC Auto owns and operates 35 high-performing locations throughout Kentucky, Indiana, and Florida. Ocala is a city in, and the county seat of, Marion County, Florida. Located in North Central Florida, the city is home to an estimated 64,000 residents. Ocala is the principal city of the Ocala metropolitan area, which is home to approximately 376,000 residents.
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