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Bryan Fangman

bryan@precisionapproachrealty.com +1(407) 513-2124

$ 2,355,000

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1317 & 1321 CITIZENS BLVD Leesburg, FL 34748

13,998 SqFt

UPDATED:

09/25/2024 07:08 PM

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

Construction Status Completed

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 Sub-Type Office

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

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

Construction Status Completed

Others

Ownership Corporation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5074864

Listed by GRIZZARD COMMERCIAL REALESTATE

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Bryan Fangman

Broker / Owner | License ID: BK679904

+1(407) 513-2124

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Bryan Fangman

1317 & 1321 CITIZENS BLVD Leesburg, FL 34748

Key Details

Location

Interior

Exterior

Building

Others

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1317 & 1321 CITIZENS BLVD