211 N 1st St - Medical FOR SALE
Leesburg, FL 34748 |
211 N 1st St
Leesburg, FL 34748
HIGHLIGHTS
- Recent lease renewal demonstrates profitability and long-term commitment to this site
- Absolute Net Lease provides completely passive ownership and stable cash flow
- SimonMed operates over 160 locations in 11 states
- Low rent ($14.50/SF) and $215 price PSF provide additional security and future upside
- Sale includes vacant land for future development/revenue stream
- 3% annual rent increases provide hedge against inflation
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
SimonMed Imaging (160+ Locations)
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Drug Store, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
5500
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1949
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.32 AC AC
LAND SF
13,939 SF
ZONING
-
APN/PARCEL ID
26-19-24-2600-000-02501
