Active

$258,552

Features:
  • Bedrooms
  • 0 Bathrooms
  • 14364 sq ft
Overview
  • ID: MFRTB8318017
  • Bedrooms:
  • Bathrooms: 0
  • Size: 14364 sq ft
Property Details
Remarks
This former CVS store, with great visibility, is situated at a signalized, hard corner at North Lecanto Highway and Truman Boulevard in unincorporated Beverly Hills, Fla. The 2.41-acre parcel, with 75 parking spaces, is zoned General Commercial and offers 324 feet of frontage on busy North Lecanto Highway (CR 491). The store, 14,364 square feet of block construction, was built in 2004. CVS, which has been shuttering stores to adapt to changing consumers’ buying patterns, did not renew their lease that expired in 2024. The property lies in the most desirable Flood Zone X, outside the flood plain, and suffered no damage from either of the recent hurricanes. The HVAC units are roof mounted and all public utilities are on site. The building is fully sprinklered, with 16-foot ceilings, and the landscaping is well-maintained -- highlighted by lovely Southern Live Oak trees. Other attributes include pylon signage on CR 491, a lighted parking lot with three points of ingress-egress and a drive-thru for customer convenience that also could be utilized as covered parking. The owner/landlord is ExchangeRight, a California-based real estate investment trust that specializes in the retail and healthcare sectors in nearly 700 markets in 47 states. Beverly Hills/Lecanto rests in Citrus County, the northernmost county in the Tampa Bay area’s 8-county metro region. Beverly Hills/Lecanto is about 65 miles north of Tampa International Airport, or one hour, traveling along the Suncoast Expressway. The “Nature Coast” provides a completely different experience from the traffic congestion and higher cost of living in Tampa-St. Petersburg. Citrus County has been chosen as one of the five best places to retire in Florida, as residents and visitors enjoy scenic rivers, crystal springs and great walking and biking trails. The world-renowned Black Diamond Ranch boasts 45 holes of Tom Fazio-designed golf and sits barely a mile from the store. Access will improve immensely as the Suncoast Parkway’s current extension nears completion to West Norvell Bryant Highway (County Road 486), just three miles to the south. That intersection is smack dab in the middle of rapid growth as evidenced by the newly built retailers, including Target, Hobby Lobby, Wal-Mart, Aldi, Starbucks, Panera, Culvers and others. The 90,000-square-foot Park Plaza retail center, sitting directly across North Lecanto Highway, draws customers from Beverly Hills, Lecanto, Citrus Hills, Pine Ridge and beyond. Prospective Tenants: • Dialysis center • Plasma center/blood bank • Urgent care • Orthopedic center • Physical therapy and massage therapy • Dental care with multiple specialists • Ambulatory surgical center • Imaging and Radiology • Mental health and addiction treatment facility • Adult day care and senior community center • Dermatology or MedSpa with cosmetic surgery • Multidisciplinary practitioners who share MRIs, X-ray devices etc. • Gourmet or discount grocer • Sporting goods – especially golf, fishing and hunting • Beer, wine and spirits • Tools and equipment sales • Motorcycle & specialty cart sales and service • Private school • Pet hotel and boarding service • Home furnishings, flooring and interior design • Health and fitness facility • Indoor pickleball and/or shuffleboard courts • Indoor golf practice facility and simulator • Indoor batting cages and training gymnasium
Financial Considerations
Price:
$258,552
HOA Fee:
N/A
Tax Amount:
$52847.87
Price per SqFt:
$0
Tax Legal Description:
PARCEL A: COM AT THE SE COR OF TRACT 27 PINE RIDGE UNIT 3 PB 8 PG 51-67 SD PT BEING ON THE W R/W LN OF CO RD 491 (N LECANTO HWY) A 100 FT PUBLIC R/W TH S 38D 55M 53S W AL SD W R/W LN 384.53 FT TO THE POB TH CONT S 38D 55M 53S W AL SD W R/W LN 324.81 FT TO THE E MOST COR OF LANDS DESCR IN OR BK 1074 PG 1703 TH N 51D 04M 24S W AL NE LN OF SD LANDS 280 FT TO THE N MOST COR OF SD LANDS TH S 38D 55M 36S W AL NW LN OF SD LANDS 96.22 FT TH N 49D 35M 36S W 140.59 FT TO THE S LN OF A 60 FT R/W TH AL SD S LN THE FOL COURSES & DIST: N 48D 47M 16S E 83.39 FT TO THE PC OF A CURVE CONCAVE SE HAVING A RAD OF 375 FT CTRL ANG OF 46D 00M 00S & CH=N 71D 47M 16S E 293.05 FT TH NE AL THE ARC OF SD CURVE 301.07 FT TO THE PT OF SD CURVE TH S 85D 12M 44S E 92.96 F
Exterior Features
Lot Size:
105279
Lot Features:
Corner Lot, Curb and Gutters, Landscaped, Near Golf Course, Oversized Lot, Street Lights, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Lighted, Over 30 Spaces
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Retail
Style:
N/A
Year Built:
2004
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
N/A
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    3506 N LECANTO HWY
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

avt
Daniel Dourado
$ 425,000
avt
Daniel Dourado
$ 1,600,000
avt
Daniel Dourado
$ 450,000
avt
Daniel Dourado
$ 2,400,000
avt
Daniel Dourado
$ 510,000
img
  • Featured
  • Active
Retail

5138 N FLORIDA AVE

  • 0
  • 167 m²
avt
Daniel Dourado
$ 549,999
img
  • Featured
  • Active
Retail

160 CYPRESS POINT PKWY #C213

  • 0
  • 107 m²
avt
Daniel Dourado
$ 275,000
avt
Daniel Dourado
$ 2,999,000
img
  • Featured
  • Active
Retail

6840 CYPRESS GARDENS BLVD

  • 0
  • 265 m²
avt
Daniel Dourado
$ 2,500,000
img
  • Featured
  • Active
Retail

4172-4174 E HILLSBOROUGH AVE

  • 0
  • 318 m²
avt
Daniel Dourado
$ 749,000
avt
Daniel Dourado
$ 2,750,000
avt
Daniel Dourado
$ 928,000