For Sale
$1,225,000

700 Doctors CtLeesburg, FL 34748

High-yield medical office, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 4,028-square-foot medical office building situated on a 0.53-acre corner lot in a thriving medical plaza directly across from UF Health Leesburg Hospital in Leesburg, Florida. The property boasts a Class B building with a single tenant, UF Health Cardiology, under a Net Lease agreement. The current lease has a remaining term of four years, with a total initial lease term of seven years and two three-year options. The building is meticulously maintained and features excellent visibility due to its prime location within the medical plaza. The asking price is $1,225,000, representing a 5.58% capitalization rate. The property's address is 700 Doctors Ct, Leesburg, FL 34748, and its APN is 3776366. This fee-simple ownership offers a strong, stable income stream with a long-term tenant in a high-demand medical market. The property's convenient location provides easy access to major transportation routes, placing it within an hour's drive of Gainesville, Orlando, and Tampa, and just minutes from The Villages. This is an excellent opportunity for investors seeking a stable, high-yield investment in a rapidly growing area of Central Florida. All information is believed to be accurate but is not guaranteed and is subject to verification.

Highlights

  • 5.47% Cap Rate, Medical Office Building, Single-Tenant Cardiology Practice.
  • 4,028 SF Building on a 0.53-acre lot.
  • Corner Lot in established Medical Plaza across from UF Health Leesburg Hospital.
  • Attractive, well-maintained Medical Plaza with excellent signage opportunities.

Property Details for 700 Doctors Ct

Property type
Office properties, Medical offices
Square Feet
4,028 SF
Class
B
Buildings
1
Lot Size (sq. ft)
23,087 SF

Location Insight

City
Leesburg
County
Lake
State
Florida
Latitude
28.804508992803
Longitude
-81.868810091638
700 Doctors Ct, Leesburg, Florida

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700 Doctors Ct
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