1317 & 1321 CITIZENS BLVD Active Save Request In-Person Tour Request Virtual Tour
Leesburg,FL 34748
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 13,998 sqft
Price per Sqft $168
MLS Listing ID G5074864
HOA Y/N No
Originating Board Stellar MLS
Year Built 1978
Annual Tax Amount $8,959
Lot Size 2.290 Acres
Acres 2.29
Property 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.
Location
State FL
County Lake
Interior
Heating Central
Cooling Central Air,Zoned
Exterior
Waterfront false
Roof Type Shingle
Building
Lot Description City Limits
Foundation Slab
Lot Size Range 2 to less than 5
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Others
Ownership Corporation
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None