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Corley Island Retail Center

4120 US Highway 27, Leesburg, Florida 34748
Sold: $1,850,000
Corley Island Retail Center

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
14,430 sqft
Land Size
2.71 acres
Sewer
City
Water
City
Zoning
Commercial
Electric
Public
Year Built
2003
Roof
Shingle
Parking
1/200/sf
Cap Rate
9.38%
Lease Type
2169000
Construction
Block
Zoning (Alternate)
CP, Planned Commercial

Property Description

Assumable Mortgage with First Green Bank

Income Property

Built in 2006, newly painted with modern colors, resealed parking lot

Great businesses already in place in this busy retail center, Vincent and Francesco's Italian Bistro, Dr. Bello Fl Heart & Vascular, Dr. MacInnis Dermatology, Irene’s Ice Cream and Deli, McHill’s Pharmacy, Digital Hearing Aids, and All State Insurance Company in this new development area on US Hwy 27.  A major connector road with high traffic counts between Leesburg and Clermont. Great income property; owner motivated, please bring offers.

91% occupied, with only one empty second generation space 1285/sf available for lease.

Close to hospital, shopping and Highway 44 where the new  "Brownwood" Village Center is located.

Great visibility on Highway 27, 32,000 cars per day

 

Location

Contact

Karen Wentzell
Karen Wentzell
Wentzell Properties, LLC
Office: (352) 457-4774
Mobile: (352) 457-4774
[email protected]