Active

$2,355,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 13998 sq ft
Overview
  • ID: MFRG5074864
  • Bedrooms:
  • Bathrooms: 0
  • Size: 13998 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$2,355,000
HOA Fee:
N/A
Tax Amount:
$8959
Price per SqFt:
$168.24
Tax 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
Exterior Features
Lot Size:
99752
Lot Features:
City Limits
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central
Cooling:
Central Air, Zoned
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Office
Style:
N/A
Year Built:
1978
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    1317 & 1321 CITIZENS BLVD
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