Sleep Number | Mattress One | Kay Jewelers
|Price||$5,565,000||Property Use Type||Net Lease Investment with 10+ years left on lease|
|Gross Leasable Area||8,500 SF||Cap Rate||6%|
|Price per SF||$654.71||Tenancy||Multiple|
|Property Type||Retail||Year Built||2016|
|Lot Size||1.26 AC|
Florida Commercial Property Description
Mattress One, Sleep Number and Kay Jewelers in Lady Lake, Florida is a brand new building, built in 2016. All tenants have new 10-year leases with rental increases every five years.
The property is located off US highway 441 with a daily traffic count of approximately 28,000 vehicles, and within close proximity to the Florida Turnpike and Interstate 75 for direct access to Orlando and Tampa. Its directly across the street from the Villages, the largest single-site residential real estate development in the United States spanning over 27,000 acres.
The subject property is within close proximity to Leesburg International Airport and Lake-Sumter State College. There are plenty of top notch National retailers surrounding this deal including Home Depot, Lowe’ s, Sam’ s Club, Walmart Supercenter, Bed Bath & Beyond, Publix, Office Depot, Staples, Walgreens, CVS, Dollar Tree, Best Buy, Outback Steakhouse, Panera Bread, Chick-fil-A, Texas Roadhouse, Pizza Hut and many more.
Florida Investment Property Highlights
- Brand New Construction, Built in 2016
- National Brand Tenants Include Mattress One, Sleep Number and Kay Jewelers
- Located off US Highway 441 With a Daily Traffic Count of Approximately 28,000 Vehicles
- Five Miles From The Villages, the Largest Single-Site Residential Real Estate Development in the United States Spanning over 27,000 Acres
- All Tenants have Brand New 10-Year Leases With Rental Increases Every Five Years
- Within Close Proximity to Leesburg International Airport and Lake-Sumter State College
Contact us for Commercial Properties For Sale in Florida.
O’Reilly Commercial Realty LLC
Phone: (352) 237-2222
Lady Lake, FL 32159 (Lake County)
Listing information courtesy of Wolfe Retail Group of Marcus & Millichap. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, solely to identify potential properties for potential purchase.
Property ID 377950