For Sale
$1,515,000
1500 Us-41Inverness, FL 34450
High-yield NNN lease, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 119
Highlights
- Fee-simple, single-tenant retail property leased to Green Dragon Cannabis with corporate guarantee. The 3,454 SF building sits on a 0.63-acre lot at 1500 US-41, Inverness, FL 34450.
- 10-year lease (9/27/2023-9/26/2033) with four 5-year renewal options and a 2.5% annual rent increase; 7.60% cap rate based on a $115,061 NOI; asking price: $1,515,000.
- Prime location near Publix and Winn-Dixie, benefiting from planned infrastructure improvements including US-41 widening and a new Airport Business Park creating over 700 jobs.
- Proximity to HCA Florida Citrus Hospital (204 beds) and a high-density student population (over 4,100 students within 2 miles).
Property Details for 1500 Us-41
- Property type
- Retail properties, Drug stores
- Square Feet
- 3,454 SF
- Year Built/Renovated
- 1984/2023
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 27,443 SF
- Units
- 1
Location Insight
- City
- Inverness
- County
- Citrus
- State
- Florida
- Latitude
- 28.8430148
- Longitude
- -82.3442142
1500 Us-41, Inverness, Florida
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield NNN lease, strong tenant.
- Where is the retail property located?
- The property is located at 1500 Us-41 Inverness, FL.
- What is the asking price?
- The asking price for this property is $1,515,000.
- What are key features of this property?
- This property features: Fee-simple, single-tenant retail property leased to Green Dragon Cannabis with corporate guarantee. The 3,454 SF building sits on a 0.63-acre lot at 1500 US-41, Inverness, FL 34450.; 10-year lease (9/27/2023-9/26/2033) with four 5-year renewal options and a 2.5% annual rent increase; 7.60% cap rate based on a $115,061 NOI; asking price: $1,515,000.; Prime location near Publix and Winn-Dixie, benefiting from planned infrastructure improvements including US-41 widening and a new Airport Business Park creating over 700 jobs.
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