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1317 & 1321 Citizens Boulevard

Leesburg, FL 34748
  • $2,725,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: G5074864
UPDATED: 178 min ago
$2,725,000
  • 0
    BEDS
  • 2.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,998
    SQFT
  • $195
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1978
County:
Area:

School Ratings & Info

Description

Income 6.24% 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.

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© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2023-11-30T23:45:36.193.
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1317 & 1321 Citizens Boulevard Leesburg, FL 34748

  • Price: $2,725,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 178 min ago
  • MLS #: G5074864
0
Beds
0
Baths
0
½ Baths
2.29
Acres
13,998
SQFT
$195
$/SQFT
1978
Built
Neighborhood:
Leesburg
County:
Lake
Area:
Leesburg
Property Description
Income 6.24% 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.
Exterior Features

Adjoining Property Commercial Construction Materials BlockStucco Covered Spaces 0 Foundation Details Slab Lot Features City Lot Open Parking YN No Road Frontage Type City StreetDivided HighwayMain Throrughfare Road Surface Type Paved Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 13998 Cooling Central AirZoned Cooling YN Yes Heating Central Heating YN Yes Office Retail Space Sq Ft 13998 Sewer Public Sewer Water Source Public

Property Features

Converted Residence Yn No Flood Zone Code X Listing Terms CashConventional New Construction Yn No Ownership Corporation Property Condition Completed Property Sub Type Office Special Listing Conditions None Tax Annual Amount 8959 Total Annual Fees 0 Total Monthly Fees 0


Listing information © 2023 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Grizzard Commercial Realestate: 352-787-6966.



© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2023-11-30T23:45:36.193.
 
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