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Income - Projected Gross $387,777

351 - 355 US Highway 441, Eustis, Florida 32726
Sold: $3,400,000
Income - Projected Gross $387,777

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
36,472 sqft
Land Size
7.44 acres
Zoning
GC
Year Built
1968

Property Description

Multi - Tenant Center - 89% Occupancy - Gross Income $387,777 - Potential 9% + CAP Rate - Brand New Enterprise Lease through 2022 - Major US 441 Hospitality Retail Corridor - 7.47+/- Acres Total, City of Eustis - 2.25+/- Acres Vacant Land - 4 Buildings - 35,722+/- Total SF - Excellent Visibility & Easy Access - 430' +/- Ft of US Hwy 441 Visibility, 630' +/- Ft on Ruleme St - Concrete Block Construction - Major Renovations 2015 - 2016, Built 1968- 43,045 Avg Trips Per Day - Zoned GC General Commercial - City of Eustis - Alt Key # 1748151 & 1243777 - US Hwy 441 Income - Investment - 1031 - Retail, Commercial - - Tenants Including Enterprise Rent-A-Car with a Brand New NNN Lease through 2022. Excellent Central Florida Income Investment Property or 1031 Exchange, One hour to Orlando & 45 Minutes to the Villages Strong & Still Growing Demographics! Financial Data & Leases Available With Executed CA / NDA

Location

Contact

Daniel L. Tatro
Daniel L. Tatro
Grizzard Commercial Real Estate Group, LLC
Office: (352) 314-1632
[email protected]