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15% Cap Rate through December 2015

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Property 
Description:
15% Cap Rate through Dec. 2015
711 & 715 W. Main St, Leesburg, FL
For Sale: $665,000 Sold!!
• 13,500 SF Building on Almost 1 Acre
• Income, Medical, Professional, Retail
• Historic Downtown Leesburg
More info: • In Central Florida!
• NOI $100,000, 15% Cap Rate
• VA Lease ends Dec. 2015
• Site is 42,874 SF / Almost 1 Acre
• 10,000 SF Leased Medical w/ 14+ Exam Rooms
• 3,000 SF Leased to Retail
• 500 SF Vacant Professional Office
• Built 1958 - Well Maintained Property
• 50 Private Parking Spaces + 40 Shared Spaces
• Zoned CBD
• Taxes $9,736.34
• 4% Co-Broke
• Alt Keys # 1804825 & 1650950
• Leased thru Dec 2015 - 10,000 SF Medical w/ 14+ Exam Rms with sinks
• Retail 3,000 SF Newly Leased 3 Yrs to “Linda’s Soap Box”
• Office 500 SF 2 Floors, Currently Vacant with entrance off Magnolia (Back of Bldg)
• Please see additional info in below printable flyer!
Printable flyer: 711_&_715_W_Main_St_Leesburg_FL.pdf (Adobe Reader required, it's free Here)
Realtor: Jim Miller, CCIM, ALC (352-504-0070; jmiller@grizzardcommercial.com)

 
 



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