Address1317 & 1321 Citizens Boulevard, LEESBURG, FL, 34748

Price$2,355,000

  • Commercial Sale
  • 13,998 SQ FT
  • Built in 1978

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.

Essential Information

  • MLS® #G5074864
  • Price$2,355,000
  • Bathrooms0.00
  • Square Footage13,998
  • Acres2.29
  • Price/SqFt$168 USD
  • Year Built1978
  • TypeCommercial Sale
  • Sub-TypeOffice
  • StatusPending

Community Information

  • AreaLeesburg
  • CityLEESBURG
  • CountyLake
  • StateFL
  • Zip Code34748

Address

1317 & 1321 Citizens Boulevard

Office

GRIZZARD COMMERCIAL REALESTATE

Interior

  • HeatingCentral
  • CoolingCentral Air, Zoned

Exterior

  • Lot DescriptionCity Limits
  • RoofShingle
  • FoundationSlab

Additional Information

  • Date ListedOctober 26th, 2023
  • Days on Market199

Listing Details

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Price Change History for 1317 & 1321 Citizens Boulevard, LEESBURG, FL (MLS® #G5074864)

Date Details Change
Status Changed from Active to Pending
Price Reduced from $2,575,000 to $2,355,000 $220,000 (8.54%)
Price Reduced from $2,725,000 to $2,575,000 $150,000 (5.50%)

Similar Listings To: 1317 & 1321 Citizens Boulevard, LEESBURG

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