1408 Live Oak Blvd presents a versatile investment and leasing opportunity in the heart of Live Oak. The property is currently occupied by two tenants on gross leases, both expiring this year. One tenant has expressed interest in retirement, while the other would like to remain, providing flexibility for a buyer or owner-user. Current rents average approximately $1.40 per square foot, with clear upside potential through renewal or repositioning on NNN lease terms. This allows investors to capture immediate income while pursuing long-term rent growth. The property also lends itself to an owner-user scenario, with the ability to occupy a portion of the building while generating income from the remaining tenancy.