Description
Villages - Lady Lake - CR 466 Strip Plaza - Income - 100% Leased at under market rates - Potential for 8% CAP. Current NOI is $158,375.75 - Property is a 1.5+/- Acre corner at CR 466 & N Old Dixie Hwy, Plaza consists of 3 buildings, each 4,416 SF for a total of 13,248 SF, 13 Units with 10 tenants. Property is attractive with easy access, lighted signage and excellent visibility. Located across from a brand new 2019 WaWa which is an excellent indicator of demographics, traffic counts and future growth. Offering is an assemblage of two parcels - Lake County Alt Key #'s 3801186 & 1723728. One hour from Orlando and a short drive to I-75, Florida's Turnpike & one block off US Hwy 441 & 27 - DO NOT DISTURB TENANTS
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0BEDS
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1.5ACRES
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0BATHS
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01/2 BATHS
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13,248SQFT
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$196$/SQFT
School Ratings & Info
Description
Villages - Lady Lake - CR 466 Strip Plaza - Income - 100% Leased at under market rates - Potential for 8% CAP. Current NOI is $158,375.75 - Property is a 1.5+/- Acre corner at CR 466 & N Old Dixie Hwy, Plaza consists of 3 buildings, each 4,416 SF for a total of 13,248 SF, 13 Units with 10 tenants. Property is attractive with easy access, lighted signage and excellent visibility. Located across from a brand new 2019 WaWa which is an excellent indicator of demographics, traffic counts and future growth. Offering is an assemblage of two parcels - Lake County Alt Key #'s 3801186 & 1723728. One hour from Orlando and a short drive to I-75, Florida's Turnpike & one block off US Hwy 441 & 27 - DO NOT DISTURB TENANTS
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