10.14% Cap Rate / 100% Leased! Leesburg
300 Richey Road, Leesburg, Florida 34748
Sold: $475,000
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
Property Description
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
Location
Contact
Jim Miller, CCIM, ALC
Grizzard Commercial Real Estate Group
Office: (352) 504-0070
[email protected]