11.12% Cap Rate / Medical Office Warehouse

  SOLD December 2009 for $475,000

1314 Sumter St & US Hwy 27, Leesburg, Florida 34748


Building Size7,480 Square Feet
Land Size33,966 Square Feet
ZoningC-3 Hwy Commercial
ElectricCity of Leesburg
Year Built2001
ConstructionConcrete Block
RoofMetal
SewerCity of Leesburg
WaterCity of Leesburg
1 Suite Left for Your Officeor a New Tenant
80% Leased NNN3.5 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.

 


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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