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Improved Property

10.14% Cap Rate / 100% Leased! Leesburg

300 Richey Road, Leesburg, Florida 34748

Sold: $475,000
$61.29 / SF
Updated Sep 30, 2026
Categories Office Grade Level Medical Miscellaneous NNN Leased

About this property

 

10.14% Cap Rate, 100% Leased
Office Warehouse just off SR44 in Leesburg

7,750 sf Metal Bldg
Built in 2005
Lot is 30,504 sf

City Utilities
Zoned CIP- Commercial, Industrial Planned

4 Units, Very Well maintained / 100% LEASED

Total Annual Rent $63,690.94 (Not including sales tax)

Total Annual Expenses $12,489.

Net Operating Income $50,200.74

Do Not Disturb Tenants

From Leesburg Hwy 27 & SR 44, Go West on SR 44, toward Wildwood,  Turn left on Richey Rd, Bldg will be on left, NO SIGN, 300 Richey Rd, Please Do not Disturb Tenants

Property details

Property Type
Improved property
Building Type
Freestanding
Building Size
7,750 sqft
Land Size
0.7 acres
Sewer
City of Leesburg
Water
City of Leesburg
Zoning
CIP
Electric
City of Leesburg
Year Built
2005
Roof
Metal
4 Units
100% Leased
Parking
20+
Construction
Metal
Well Maintained
Office Warehouse

Location

Address
300 Richey Road
Leesburg, Florida 34748
Cross street
Sr 44
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.