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.
Property Details
Price:
$2,355,000
MLS #:
G5074864
Status:
Active
Beds:
0
Baths:
0
Address:
1317 & 1321 CITIZENS BOULEVARD
Type:
Commercial
Subtype:
Office
Neighborhood:
34748 – Leesburg
City:
LEESBURG
Listed Date:
Oct 26, 2023
State:
FL
Finished Sq Ft:
13,998
Total Sq Ft:
13,998
ZIP:
34748
Lot Size:
99,752 sqft / 2.29 acres (approx)
Year Built:
1978
Schools
Interior
Cooling
Central Air, Zoned
Heating
Central
Exterior
Construction Materials
Block, Stucco
Roof
Shingle
Financial
Tax Year
2022
Taxes
$8,959
Map
Community
- Address1317 & 1321 CITIZENS BOULEVARD LEESBURG FL
- CityLEESBURG
- CountyLake
- Zip Code34748
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1317 & 1321 CITIZENS BOULEVARD
LEESBURG, FL
LIGHTBOX-IMAGES