1838 N Lecanto Hwy | Lecanto, FL 34461
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1838 N Lecanto Hwy
Lecanto, FL 34461
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand-New, 20-Year Ground Lease with 19+ Years Remaining; 1.25% Annual Rental Increases Provide a Hedge Against Inflation
- Zero Landlord Maintenance/Expense Obligations; Sales Reporting Required per Lease
- Strong Corporate Guaranty by an Experienced and Growing Operator (50+ Units) who Maintains a Strong Rent-to-Sales Ratio across their Portfolio
- Rapid Population Growth Projected – 5.08% within a 1 Mile Radius by 2027
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
6,273 SF
Building Class
C
Year Built
2025
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.09 AC
Zoning
GNC - General Commercial
Parking
35 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Skylights
- Drive Thru
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,058,620 | |
| Land Assessment | $1,402,800 | Total Assessment | $3,461,420 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,402,800
Improvements Assessment
$2,058,620
Total Assessment
$3,461,420
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