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±17,250 SF Industrial Building on ±2.42 Acres | Off SR 44, Leesburg

111 Weber Avenue, Leesburg, FL 34748
$9 / Sq. Ft. / Year · Triple Net (NNN)
±17,250 SF Industrial Building on ±2.42 Acres | Off SR 44, Leesburg

Property Details

Property Type
Improved property
Building Type
Industrial
Building Size
17,250 sqft
Land Size
2.42 acres
Units
1
Zoning
(M-1) Light Industrial
Year Built
1984
Traffic Count
25,000 ± AADT (SR 44)

Available Spaces

1
15,500 – 15,500 Sq. Ft.

Property Description

The entire building is available for lease on a triple-net basis at $9.00/SF Year 1, $10.00/SF Year 2, $10.50/SF Year 3 and after year 3 there is a 4% annual escalation clause per year : ±15,500 SF of enclosed space, made up of ±2,340 SF of finished office and ±13,160 SF of warehouse, plus a ±1,750 SF covered canopy. The warehouse carries a 17-foot eave, dock-high loading on the front elevation, drive-in doors on the rear and three-phase service split across three meters, a layout that fits fabrication, trade contractor and service users, subject to the City of Leesburg’s M-1 (Light Industrial) use regulations. Two paint booths and a high-pressure air system with a rotary screw compressor are in place for a tenant’s use. The office side has a reception area, a conference room, an executive office, additional private offices, an open work area and two restrooms, with a third restroom in the warehouse. Six paved spaces and a two-bay loading area front the building, and the adjoining ±0.92-acre lot, included in the lease, gives a tenant room for overflow parking or outside storage. The property is also offered for sale.

Location Description

The property is part of the Central Florida Industrial Park, a platted light industrial development on the west side of Leesburg Florida in Lake County. It has ±392 FT of frontage on Weber Avenue, a dead-end local street that reaches the nearest property corner about 450 feet north of SR 44 (W Main Street) and terminates in a cul-de-sac roughly 735 feet from the highway. FDOT’s nearest traffic count covers the segment of SR 44 at Weber Avenue: 25,000 vehicles per day in 2025, with trucks and buses making up 15.1 percent of that volume. Weber Avenue connects to SR 44 roughly 1,000 feet west of the junction where SR 44 turns south onto South Street and CR 468 heads north. Neighboring buildings on Weber Avenue are light manufacturing and warehouse facilities built between 1987 and 2006. By road, US 27 (South 14th Street) is about 2.6 miles east, and SR 44 continues west about 11.8 miles to I-75 in Wildwood, where Florida’s Turnpike has its northern terminus. The Turnpike’s CR 470 interchange (Exit 296) is about 9.7 miles south. Downtown Orlando is about 46 miles away and downtown Tampa about 80 miles. Lake County grew from 383,956 residents in 2020 to an estimated 445,881 in 2025, and neighboring Sumter County, which shares The Villages with Lake and Marion counties, grew 25.2 percent over the same period.

Highlights

  • Full building for lease: ±15,500 SF enclosed (±2,340 SF office, ±13,160 SF warehouse); ±1,750 SF covered canopy plus an extra lot for overflow parking
  • NNN lease; $9.00/SF Year 1, $10.00/SF Year 2, $10.50/SF Year 3 and after year 3-4% annual escalation
  • 17-ft eave; two dock-high doors (front) and two grade-level doors (rear)
  • Three-phase power on three separate meters
  • Office with reception, conference room, private offices and open workstations; three restrooms
  • Six paved spaces and a two-bay loading area; adjoining ±0.92-acre lot for overflow parking or outside storage
  • Zoned M-1 (Light Industrial), City of Leesburg
  • ±450 ft to SR 44 (25,000 AADT, FDOT 2025); 11.8 mi to I-75 and Florida’s Turnpike at Wildwood

Location