11.12% Cap Rate / Medical Office Warehouse
SOLD December 2009 for $475,000
1314 Sumter St & US Hwy 27, Leesburg, Florida 34748
| Building Size | 7,480 Square Feet |
| Land Size | 33,966 Square Feet |
| Zoning | C-3 Hwy Commercial |
| Electric | City of Leesburg |
| Year Built | 2001 |
| Construction | Concrete Block |
| Roof | Metal |
| Sewer | City of Leesburg |
| Water | City of Leesburg |
| 1 Suite Left for Your Office | or a New Tenant |
| 80% Leased NNN | 3.5 Years left on Lease |
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.
Agent
-
Office Phone: (352) 504-0070Fax: (352) 787-0870
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.