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Gelfand Realty Miami Properties for Sale - Commercial for Sale

1317 & 1321 CITIZENS, LEESBURG, FL 34748

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Commercial - for Sale

1317 & 1321 CITIZENS, LEESBURG, FL 34748

Asking Price$2,355,000 Change Price$220,000

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  • Days on market:

    356 day(s)

  • Original Price:

    $2,725,000

  • Price per sqft:

    $168.24

  • Tax Legal Description:

    BEG ON SLY R/W LINE OF CITIZENS BLVD AT PT 400 FT FROM, WHEN MEASURED AT RIGHT ANGLES THERETO, THE SWLY R/W LINE OF NORTH BLVD, RUN S 37DEG 14MIN 30SEC E 322.75 FT TO S LINE OF GOV LOT 3, W ALONG SAID S LINE OF GOV LOT 3 A DIST OF 356.95 FT, N 0DEG 24MIN

  • Tax Year:

    2022

  • Property Type:

    Commercial

  • Construction Type:

    StuccoBlock

  • Roof:

    Shingle

  • Cooling Description:

    Central AirZoned

  • Heating Description:

    Central

  • Special Listing Conditions:

    None

  • Lot Features:

    City Lot

Description

$2,355,000 • living size area 13998 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.

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