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MEDICAL/RETAIL FOR LEASE 1235 N 14th St 12,739 SF of Retail Space Available in Leesburg, FL 34748
HIGHLIGHTS
- 1235 N 14th Street is a freestanding former CVS pharmacy with a drive-thru, showcasing over 12,000 square feet of premier corner retail space.
- Perfectly positioned at a signalized intersection, it has 2 points of ingress/egress, ample parking, and visibility to over 36,000 daily drivers.
- The property is less than a mile from Gateway Plaza, Publix Supermarket, and Planet Fitness, defining a thriving commercial hub.
- The total population within a 5-mile radius of the property is over 58,000, offering exposure to a bustling community and workforce.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 12,739 SF | Negotiable | $35.95 CAD/SF/YR $3.00 CAD/SF/MO $457,903 CAD/YR $38,159 CAD/MO | Triple Net (NNN) |
1st Floor
Situated at a bustling intersection, this property enjoys a steady flow of both vehicular and foot traffic, ensuring maximum exposure for any retail venture. The presence of a drive-thru further enhances convenience, catering to customers on the go and adding an extra dimension to the business potential. The surrounding area is characterized by a mix of commercial establishments, residential neighborhoods, and recreational facilities, creating a dynamic environment with a diverse customer base. Additionally, the signalized intersection ensures ease of ingress and egress for both customers and employees, contributing to a seamless operational experience. This retail building offers ample space for customization, allowing businesses to tailor the interior layout to suit their specific needs and preferences. Whether it's a fast-food restaurant, coffee shop, convenience store, or any other retail concept, this property provides a versatile canvas for entrepreneurial endeavors. Lease terms are flexible, providing businesses with the opportunity to secure a prime location without the commitment of a long-term investment. With its strategic positioning, high visibility, and drive-thru convenience, this freestanding retail building presents a rare opportunity for businesses to thrive in the vibrant community of Leesburg, Florida.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Space is in Excellent Condition
- Drive Thru
- Drive thru
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 12,739 SF | Gross Leasable Area | 12,739 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Drug Store | Parking Ratio | 5.02/1,000 SF |
| Total Space Available | 12,739 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 12,739 SF |
| Year Built | 2000 |
| Parking Ratio | 5.02/1,000 SF |
ABOUT THE PROPERTY
1235 N 14th Street is a standalone retail building, once home to a CVS pharmacy, now teeming with potential. Situated at a signalized intersection off Griffin Road and N 14th Street in bustling Leesburg, this property boasts strategic positioning on a generous 1.86-acre corner lot. Spanning 12,739 square feet and featuring a convenient drive-thru, this versatile space is primed for its following retail vision. Ample parking and dual access points from Griffin Road and N 14th Street ensure seamless flow for customers and deliveries. Elevate business branding with signage potential and unmatched visibility, as this corner gem captures the eyes of over 36,000 passing vehicles daily. Moreover, businesses will thrive amidst a vibrant commercial landscape with Gateway Plaza, Publix Supermarket, and Planet Fitness within a mile radius. Surrounded by residential neighborhoods and multifamily communities, this locale offers instant access to a robust consumer base. Whether seeking to purchase or lease, seize the opportunity to make a mark on this dynamic property.
- Drive Thru
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
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MEDICAL/RETAIL FOR LEASE | 1235 N 14th St
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