1317 & 1321 Citizens Blvd , LEESBURG, FL 34748
LEESBURG, FL 34748
Description
Income 7.75% CAP Rate - 100% Leased with great long term tenants / rental history. 2 Buildings & one great opportunity! Buildings have separate addresses and property ID's, but parcels adjoin. Bldg #1317 is 6,052+/- SF on 1.44+/- Acre and entirely occupied by Lassiter Ware's corporate headquarters, a strong regional credit tenant with an excellent, long rental history. Bldg # 1321 is 7,946+/- SF on .84+/- Acre and is occupied by 4 tenants also with excellent rental history's. Both properties are very attractive inside and out with meticulous maintenance. Great parking for both sites with easy access, monument signage and high visibility. Sites sit on Citizens Blvd which is a short connector road between US Hwy 27 with 21,500 FDOT avg trips per day and US Hwy 441 with 30,500 FDOT avg trips per day. An NDA will be required for all financial data and leases. This is a great 1031 Opportunity. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice. Easy to shown by appointment only. Do not disturb tenants. Properties are located just over an hour to Orlando or Ocala and a short drive to The Villages, I-75, and Florida's Turnpike.
Details
| MLS# | G5074864 |
|---|---|
| Listing Type | For Sale |
| Style | Office Building |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1978 |
| Days On Site | 329 |
| Listing Provided By | GRIZZARD COMMERCIAL REALESTATE | Daniel Tatro |
Features
| SQ Feet | 13,998 |
|---|---|
| Acreage | 2.29 |
Market Activity 34748
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Learn More About This Property
| State | FL |
|---|---|
| County | Lake |
| City | LEESBURG |
| Zip Code | 34748 |
| Area | 34748 Leesburg |
| Listing VS Median (in 34748) | |
Price: $2,355,000 low | high Med: $299,900 SqFt: 13,998 low | high Med: 1,772 $ / SqFt: $168 low | high Med: $169 On Site: 329 low | high Med: 133.000000 | |