About this property
11.12.% Cap Rate, For Sale $495,000
Medical Office Warehouse, 1 Block off US 27
7,480 SF Concrete Bldg, 5 Suites 1,500 SF each
3/4 Acre (102'X333')
City Utilities
Zoned C–3, Hwy Commercial
Built 2001
Alt Key # 1239371
Attractive property. Building and landscape very well maintained.
Total Annual Rent = $66,724.00 (not including sales tax)Total Annual Expenses = $11,648.00
Net Operating Income = $55,076.00
*80% Leased NNN (1 medical tenant, 4 suites, 3.5 years left on Lease) 3% Cost of living / increase on Tax & Ins.
No Sign. Please do not Disturb Tenant.
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 7,480 sqft
- Land Size
- 33,966 sqft
- Sewer
- City of Leesburg
- Water
- City of Leesburg
- Zoning
- C-3 Hwy Commercial
- Electric
- City of Leesburg
- Year Built
- 2001
- Roof
- Metal
- Construction
- Concrete Block
- 80% Leased Nnn
- 3.5 Years left on Lease
- 1 Suite Left For Your Office
- or a New Tenant
Location
- Address
-
1314 Sumter St
Leesburg, Florida 34748 - Cross street
- US Hwy 27