Price Reduced 13.58%
Price History
$2,725,000
10/26/2023
$2,575,000
1/4/2024
$2,355,000
3/19/2024
1317 & 1321 Citizens BOULEVARD, Leesburg, FL, 34748
1978
13,998 sqft
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.
Status:
Pending
Type:
Commercial
Heating:
Central
Cooling:
Central Air, Zoned
Acreage:
2.29
Est. Taxes:
$8,959
Construction
Block, Stucco
Lot Description:
City Lot
Days on Market:
189
MLS #:
G5074864
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of GRIZZARD COMMERCIAL REALESTATE Phone: 352-787-6966