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.

Features
: Central
: Central Air, Zoned
: Public Sewer
Address Map
US
FL
Lake
Leesburg
34748
CITIZENS
1317 & 1321
BOULEVARD
W82° 6' 52.7''
N28° 49' 18.4''
Leesburg at US Hwy 27 and Main St go North on US Hwy 27, Turn right at signal light onto Citizens Blvd, property will be on the right side. Do not enter without a sign
34748 - Leesburg
Additional Information
: Public
https://www.propertypanorama.com/instaview/stellar/G5074864
2575000
2023-10-26
: City Limits
: Slab
: Block, Stucco
13998
Financial
8959
Listing Information
260502468
260504050
Cash,Conventional
Active
2024-09-25T15:08:07Z
Stellar
: None
2024-06-11T19:28:02Z

Commercial Sale For Sale

1317 & 1321 Citizens Boulevard, Leesburg, Florida 34748

13,998
$2,355,000
Listing ID #G5074864
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : G5074864
Price : $2,355,000
Square Footage : 13,998
Year Built : 1978
Lot Area : 2.29 Acre
Office Name : GRIZZARD COMMERCIAL REALESTATE
Agent Name : Daniel Tatro
Property Sub Type : Office
Roof : Shingle
Listing Status : Active
Agent info
Contact Agent