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1317 & 1321 Citizens Boulevard
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PRICED AT ONLY: $2,355,000

Address: 1317 & 1321 Citizens Boulevard, LEESBURG, FL 34748

Description

Income 7.75% CAP Rate 100% Leased with great long term tenants / rental history. 2 Buildings & one great opportunity! Buildings have separate addresses and property ID's, but parcels adjoin. Bldg #1317 is 6,052+/ SF on 1.44+/ Acre and entirely occupied by Lassiter Ware's corporate headquarters, a strong regional credit tenant with an excellent, long rental history. Bldg # 1321 is 7,946+/ SF on .84+/ Acre and is occupied by 4 tenants also with excellent rental history's. Both properties are very attractive inside and out with meticulous maintenance. Great parking for both sites with easy access, monument signage and high visibility. Sites sit on Citizens Blvd which is a short connector road between US Hwy 27 with 21,500 FDOT avg trips per day and US Hwy 441 with 30,500 FDOT avg trips per day. An NDA will be required for all financial data and leases. This is a great 1031 Opportunity. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice. Easy to shown by appointment only. Do not disturb tenants. Properties are located just over an hour to Orlando or Ocala and a short drive to The Villages, I 75, and Florida's Turnpike.

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  • MLS#: G5074864 ( Commercial Sale )
  • Street Address: 1317 & 1321 Citizens Boulevard
  • Viewed: 1
  • Price: $2,355,000
  • Price sqft: $168
  • Waterfront: No
  • Year Built: 1978
  • Bldg sqft: 13998
  • Days On Market: 423
  • Acreage: 2.29 acres
  • Additional Information
  • Geolocation: 28.8218 / -81.8854
  • County: LAKE
  • City: LEESBURG
  • Zipcode: 34748
  • Provided by: GRIZZARD COMMERCIAL REALESTATE
  • Contact: Daniel Tatro
  • 352-787-6966
  • mfrmls
  • DMCA Notice

Description

Income 7.75% CAP Rate 100% Leased with great long term tenants / rental history. 2 Buildings & one great opportunity! Buildings have separate addresses and property ID's, but parcels adjoin. Bldg #1317 is 6,052+/ SF on 1.44+/ Acre and entirely occupied by Lassiter Ware's corporate headquarters, a strong regional credit tenant with an excellent, long rental history. Bldg # 1321 is 7,946+/ SF on .84+/ Acre and is occupied by 4 tenants also with excellent rental history's. Both properties are very attractive inside and out with meticulous maintenance. Great parking for both sites with easy access, monument signage and high visibility. Sites sit on Citizens Blvd which is a short connector road between US Hwy 27 with 21,500 FDOT avg trips per day and US Hwy 441 with 30,500 FDOT avg trips per day. An NDA will be required for all financial data and leases. This is a great 1031 Opportunity. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice. Easy to shown by appointment only. Do not disturb tenants. Properties are located just over an hour to Orlando or Ocala and a short drive to The Villages, I 75, and Florida's Turnpike.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 13998.00
  • Roof: Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: City Limits
Garage and Parking
  • Garage Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Zoned
  • Heating: Central
  • Road Frontage Type: City Street, Divided Highway, Main Throrughfare
  • Sewer: Public Sewer
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2022
Other Features
  • Country: US
  • Legal Description: BEG ON SLY R/W LINE OF CITIZENS BLVD AT PT 400 FT FROM, WHEN MEASURED AT RIGHT ANGLES THERETO, THE SWLY R/W LINE OF NORTH BLVD, RUN S 37DEG 14MIN 30SEC E 322.75 FT TO S LINE OF GOV LOT 3, W ALONG SAID S LINE OF GOV LOT 3 A DIST OF 356.95 FT, N 0DEG 24MIN
  • Area Major: 34748 - Leesburg
  • Parcel Number: 23-19-24-000200003711
Nearby Subdivisions
Leesburg 14th St   Leesburg Citrus Park   Leesburg Clearview Terrace   Leesburg N Main St   Leesburg Parkside Condo   Monroe Park  
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