For Sale
$1,200,000

1456 William StLeesburg, FL 34748

High-yield, 3-unit property, fully leased.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 7,740-square-foot Class A office and warehouse complex in Leesburg, Florida. Located at 1456 William St, this property boasts a commanding 5.35% cap rate and is currently 100% occupied across three distinct units. The building, constructed in 1988 and extensively renovated in 2023, features a mix of modern office suites and warehouse space. Unit #1 offers approximately 733 square feet of office space, Unit #2 provides approximately 810 square feet, and Unit #3 encompasses a substantial 5,305 square feet, combining office space, a 3,180-square-foot warehouse with three roll-up doors, and a secure fenced storage yard. The total net rentable area is 7,740 square feet, priced at $155.04 per square foot, with an asking price of $1,200,000. The property sits on a 0.81-acre lot and is zoned C-3, providing ample parking and easy access. Its strategic location offers convenient access to major transportation arteries, including I-75 and the Florida Turnpike, placing it within an hour's drive of Orlando and Ocala, and minutes from The Villages. City utilities are readily available. This fully renovated, high-demand property represents a strong investment with significant potential for future growth. The property is offered fee simple. All information is believed to be accurate but is not guaranteed.

Highlights

  • 7,740 SF Class A office/warehouse building with secure fenced storage yard in Leesburg, FL.
  • Three units, 100% leased.
  • 5.35% cap rate.
  • Completely remodeled and repainted inside and out in 2023.

Property Details for 1456 William St

Property type
Warehouses, Office properties
Square Feet
7,740 SF
Class
A
Year Built/Renovated
1988/2023
Buildings
1
Stories
2
Lot Size (sq. ft)
35,284 SF
Units
3

Location Insight

City
Leesburg
County
Lake
State
Florida
Latitude
28.8258594
Longitude
-81.8886282
1456 William St, Leesburg, Florida

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1456 William St
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