2519 Highway 44 W - Medical FOR SALE


Inverness, FL 34453
$750,000 USD
352-400-2635
2519 Highway 44 W, Inverness, FL for Sale
$750,000 USD
Medical - FOR SALE
1/43
null | Request Cap Rate

2519 Highway 44 W
Inverness, FL 34453


OVERVIEW

Nestled in the heart of Citrus County along Florida’s scenic Nature Coast—just 55 minutes from Tampa International Airport—this impeccably renovated 3,200 SF executive office building offers a rare blend of modern functionality, high visibility with a building layout and features that include Four private offices, A spacious executive conference room, A welcoming reception area with storage, A dedicated copy and mailroom, An oversized lobby, A breakroom for employees and Three ADA compliant restrooms. Located directly on State Road 44 (29,500 AADT), the property occupies 0.71 acres of General Commercial-zoned (GNC) land with full ingress/egress access, 37 dedicated parking spaces, and connections to city water and sewer systems recently expanded within the service area. The building features a contemporary design with abundant natural light and high-end finishes, catering to professional office users seeking a premium work environment. The property is currently leased to a nationally recognized newspaper conglomerate—the publisher of Citrus County’s longest-standing local newspaper, a trusted community institution for over 100 years. The lease is structured as a corporate-guaranteed NNN lease, offering minimal landlord responsibilities and favorable investment terms. It includes an initial 3-year term with two additional 3-year renewal options and annual rent escalations of 2.5%. The tenant’s high credit rating further enhances the asset’s investment profile. Citrus County's commercial office sector is outperforming retail and mixed-use segments, with average capitalization rates around 6%, offering investors strong returns in a growing Central Florida market. Location remains one of the most compelling aspects of this property. Just 2.2 miles (a 4-minute drive) from Historic Downtown Inverness, the site is conveniently situated near key government and business hubs, including the Citrus County Tax Collector’s Office, the Courthouse, City Hall, and Citrus Memorial Hospital. Additionally, its strategic position provides easy access to several prominent communities in the region, including Floral City (5 miles), Lecanto (12.3 miles), Beverly Hills (15.1 miles), Crystal River (16.6 miles), and Homosassa (18.8 miles). This regional connectivity makes the property ideal for professional firms, medical offices, corporate headquarters, and other commercial enterprises looking to establish a strong presence in a flourishing market. Beyond its immediate advantages, the property is located in one of the fastest-growing areas in Florida. Citrus County, currently home to 153,600 residents, is projected to experience an unprecedented population surge to 350,000 by 2030, as outlined in the County’s Land Development Code. This rapid demographic expansion underscores the region’s increasing economic potential, making it an attractive market for businesses and investors alike. Furthermore, Citrus County is part of the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area (MSA), the 18th largest in the United States, positioning it within a larger network of economic growth, infrastructure development, and business expansion opportunities. With its modern renovations, strategic location, and strong market fundamentals, this property represents a rare opportunity to acquire a premium office space in an area poised for long-term growth. Businesses seeking a high-visibility, move-in-ready space with expansion potential will find this executive office building to be an ideal choice. Given the rapid economic and population growth in Citrus County, securing a presence in this market today ensures a competitive edge in the evolving commercial landscape of Central Florida. Investment Highlights: -3,200 SF Executive Office | Fully Renovated | Move-in Ready -0.71 AC GNC-Zoned Site with City Utilities & 37 Parking Spaces -High-Traffic Corridor: SR 44 | 29,500 AADT -National NNN Tenant | Corporate Guarantee | 2.5% Annual Increases\ -Strong Cap Rate Market (~6%) | Office Outperforming Retail -3-Year Initial Term + Two 3-Year Renewal Options -Located in One of Florida’s Fastest-Growing Counties -Within Tampa MSA – A Top-20 U.S. Metro Market Prime Location & Regional Access: Positioned just 2.2 miles (4-minute drive) from Historic Downtown Inverness, the property enjoys proximity to core government and institutional anchors, including the Citrus County Courthouse, City Hall, Tax Collector’s Office, and Citrus Memorial Hospital. This central location also offers direct access to key surrounding communities: Floral City – 5 miles Lecanto – 12.3 miles Beverly Hills – 15.1 miles Crystal River – 16.6 miles Homosassa – 18.8 miles Building Layout and Features: -Four private offices -A spacious executive conference room -A welcoming reception area with storage -A dedicated copy and mailroom -An oversized lobby -A breakroom for employees -Three restrooms Situated on a 0.71-acre lot zoned General Commercial (GNC), the property provides 32 parking spaces with full ingress and egress from SR 44, benefiting from a high-visibility traffic count of 29,500 AADT. An additional lot allows for future parking expansion. With planned city water and sewer expansion, the area is primed for even greater commercial growth. A Modernized Business Space The building has been completely transformed, featuring: ? Brand-new HVAC system ? Elegant wood flooring & detailed trim work ? High-end lighting fixtures ? New energy-efficient windows ? Durable metal roof (installed 2015) Just 2.2 miles (4 minutes) from Historic Downtown Inverness, this property is near essential government and business centers, including: -Citrus County Tax Collector’s Office -Courthouse & City Hall -Citrus Memorial Hospital It also provides convenient access to major surrounding communities: -Floral City – 5 miles -Lecanto – 12.3 miles -Beverly Hills – 15.1 miles -Crystal River – 16.6 miles -Homosassa – 18.8 miles As part of the Tampa–St. Petersburg–Clearwater MSA (the 18th largest in the U.S.), Citrus County is poised for rapid expansion. Currently home to 153,600 residents, projections indicate a population surge to 350,000 by 2030—a golden opportunity for businesses and investors alike. Seize this exceptional opportunity to establish your business in one of Florida’s fastest-growing commercial markets.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$234 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

PRIME 3,200 SF OFFICE SPACE IN CITRUS COUNTY

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

C

APN/PARCEL ID

19E-19S-13-0030-00110-0120

ASK ABOUT THIS PROPERTY

Elias KirallahCentury 21 Commercial, Elias George KirallahMore Info
352-400-2635

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Elias KirallahCentury 21 Commercial, Elias George KirallahMore Info
352-400-2635

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.