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19,278 SQ FT MULTI TENANT OFFICE BUILDING 1904 Thomas Ave 15,800 SF 32% Leased Office Building Leesburg, FL 34748 $2,900,000 ($183.54/SF)
Investment Highlights
- JUST MINUTES TO THE VILLAGES
- HIGH QUALITY BUILDING IN EXCELLENT CONDITION - NUMEROUS UPGRADES
- OWNER USER OR INVESTOR OPPRTUNITY WITH 5,300 SQ FT CURRENTLY AVAILABLE
Executive Summary
FIRST CLASS PROFESSIONAL OFFICE BUILDING FOR SALE! Outstanding 19,278 SF Professional Office building with established income! This state of the art building has 2 of the 3 units tenant occupied with strong tenants and NNN leases, making for an excellent investor or owner-user opportunity! VALUE-ADD OPPORTUNITY with 3,000 sq ft mezzanine that could also be finished out and leased for additional income. Building is loaded with upgrades and features, including all brand new A/C's for units 2 & 3 as well as high speed data lines, LED lighting, PA system that includes white noise, security/fire alarms and the building is fully sprinkled. Property boasts phenomenal parking (90+ parking spaces) with easy access along main road. Located in the Heart of Central Florida less than an hour to Orlando or Ocala & minutes to the The Villages (consistently one of the fastest growing communities in Florida), I75, FL Turnpike, US Hwy 441 & 27. With the future expansion of The Villages continuously heading closer to Leesburg along SR 44 (less than 5miles to the west of this property) this would make an excellent investment! Just across the street there are over 500 new residential units now being built, further making this location an ideal Central Florida service location in the City of Leesburg. Per the City of Leesburg, Leesburg now boasts a population of 23,297 residents, and is located about 45 miles northwest of Orlando and 80 miles northeast of Tampa. The municipality includes 38 square miles and serves utilities to more than 50 square miles in north Lake County. The Leesburg business area attracts more than 50,000 people to work each weekday. Leesburg is open for your business!!! Excellent opportunity for investor or owner-user, DON'T MISS OUT!!!
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
15,800 SF
Building Class
B
Year Built
2009
Price
$2,900,000
Price Per SF
$183.54
Percent Leased
32%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,800 SF
Building FAR
0.13
Lot Size
2.74 AC
Opportunity Zone
Yes
Zoning
M-1 - M1 WITH OFFICE USES
Parking
90 Spaces (5.7 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 15-19-24-0800-000-01200 | Improvements Assessment | $1,546,509 |
| Land Assessment | $437,602 | Total Assessment | $1,984,111 |
Property Taxes
Parcel Number
15-19-24-0800-000-01200
Land Assessment
$437,602
Improvements Assessment
$1,546,509
Total Assessment
$1,984,111
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Contact the Sale Advisor
19,278 SQ FT MULTI TENANT OFFICE BUILDING | 1904 Thomas Ave