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PRIME 3,200 SF OFFICE SPACE IN CITRUS COUNTY 2519 Highway 44 W 3,200 SF Office Building Inverness, FL 34453 $942,246 CAD ($294.45 CAD/SF)



EXECUTIVE SUMMARY
Nestled in the heart of Citrus County along Florida’s scenic Nature Coast—just 55 minutes from Tampa International Airport—this impeccably renovated 3,200 SF executive office building offers a rare blend of modern functionality, high visibility with a building layout and features that include Four private offices, A spacious executive conference room, A welcoming reception area with storage, A dedicated copy and mailroom, An oversized lobby, A breakroom for employees and Three ADA compliant restrooms. Located directly on State Road 44 (29,500 AADT), the property occupies 0.71 acres of General Commercial-zoned (GNC) land with full ingress/egress access, 37 dedicated parking spaces, and connections to city water and sewer systems recently expanded within the service area. The building features a contemporary design with abundant natural light and high-end finishes, catering to professional office users seeking a premium work environment.
The property is currently leased to a nationally recognized newspaper conglomerate—the publisher of Citrus County’s longest-standing local newspaper, a trusted community institution for over 100 years. The lease is structured as a corporate-guaranteed NNN lease, offering minimal landlord responsibilities and favorable investment terms. It includes an initial 3-year term with two additional 3-year renewal options and annual rent escalations of 2.5%. The tenant’s high credit rating further enhances the asset’s investment profile. Citrus County's commercial office sector is outperforming retail and mixed-use segments, with average capitalization rates around 6%, offering investors strong returns in a growing Central Florida market.
Location remains one of the most compelling aspects of this property. Just 2.2 miles (a 4-minute drive) from Historic Downtown Inverness, the site is conveniently situated near key government and business hubs, including the Citrus County Tax Collector’s Office, the Courthouse, City Hall, and Citrus Memorial Hospital. Additionally, its strategic position provides easy access to several prominent communities in the region, including Floral City (5 miles), Lecanto (12.3 miles), Beverly Hills (15.1 miles), Crystal River (16.6 miles), and Homosassa (18.8 miles). This regional connectivity makes the property ideal for professional firms, medical offices, corporate headquarters, and other commercial enterprises looking to establish a strong presence in a flourishing market.
Beyond its immediate advantages, the property is located in one of the fastest-growing areas in Florida. Citrus County, currently home to 153,600 residents, is projected to experience an unprecedented population surge to 350,000 by 2030, as outlined in the County’s Land Development Code. This rapid demographic expansion underscores the region’s increasing economic potential, making it an attractive market for businesses and investors alike. Furthermore, Citrus County is part of the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area (MSA), the 18th largest in the United States, positioning it within a larger network of economic growth, infrastructure development, and business expansion opportunities.
With its modern renovations, strategic location, and strong market fundamentals, this property represents a rare opportunity to acquire a premium office space in an area poised for long-term growth. Businesses seeking a high-visibility, move-in-ready space with expansion potential will find this executive office building to be an ideal choice. Given the rapid economic and population growth in Citrus County, securing a presence in this market today ensures a competitive edge in the evolving commercial landscape of Central Florida.
Investment Highlights:
-3,200 SF Executive Office | Fully Renovated | Move-in Ready
-0.71 AC GNC-Zoned Site with City Utilities & 37 Parking Spaces
-High-Traffic Corridor: SR 44 | 29,500 AADT
-National NNN Tenant | Corporate Guarantee | 2.5% Annual Increases\
-Strong Cap Rate Market (~6%) | Office Outperforming Retail
-3-Year Initial Term + Two 3-Year Renewal Options
-Located in One of Florida’s Fastest-Growing Counties
-Within Tampa MSA – A Top-20 U.S. Metro Market
Prime Location & Regional Access:
Positioned just 2.2 miles (4-minute drive) from Historic Downtown Inverness, the property enjoys proximity to core government and institutional anchors, including the Citrus County Courthouse, City Hall, Tax Collector’s Office, and Citrus Memorial Hospital. This central location also offers direct access to key surrounding communities:
Floral City – 5 miles
Lecanto – 12.3 miles
Beverly Hills – 15.1 miles
Crystal River – 16.6 miles
Homosassa – 18.8 miles
Building Layout and Features:
-Four private offices
-A spacious executive conference room
-A welcoming reception area with storage
-A dedicated copy and mailroom
-An oversized lobby
-A breakroom for employees
-Three restrooms
Situated on a 0.71-acre lot zoned General Commercial (GNC), the property provides 32 parking spaces with full ingress and egress from SR 44, benefiting from a high-visibility traffic count of 29,500 AADT. An additional lot allows for future parking expansion. With planned city water and sewer expansion, the area is primed for even greater commercial growth.
A Modernized Business Space
The building has been completely transformed, featuring:
? Brand-new HVAC system
? Elegant wood flooring & detailed trim work
? High-end lighting fixtures
? New energy-efficient windows
? Durable metal roof (installed 2015)
Just 2.2 miles (4 minutes) from Historic Downtown Inverness, this property is near essential government and business centers, including:
-Citrus County Tax Collector’s Office
-Courthouse & City Hall
-Citrus Memorial Hospital
It also provides convenient access to major surrounding communities:
-Floral City – 5 miles
-Lecanto – 12.3 miles
-Beverly Hills – 15.1 miles
-Crystal River – 16.6 miles
-Homosassa – 18.8 miles
As part of the Tampa–St. Petersburg–Clearwater MSA (the 18th largest in the U.S.), Citrus County is poised for rapid expansion. Currently home to 153,600 residents, projections indicate a population surge to 350,000 by 2030—a golden opportunity for businesses and investors alike.
Seize this exceptional opportunity to establish your business in one of Florida’s fastest-growing commercial markets.
The property is currently leased to a nationally recognized newspaper conglomerate—the publisher of Citrus County’s longest-standing local newspaper, a trusted community institution for over 100 years. The lease is structured as a corporate-guaranteed NNN lease, offering minimal landlord responsibilities and favorable investment terms. It includes an initial 3-year term with two additional 3-year renewal options and annual rent escalations of 2.5%. The tenant’s high credit rating further enhances the asset’s investment profile. Citrus County's commercial office sector is outperforming retail and mixed-use segments, with average capitalization rates around 6%, offering investors strong returns in a growing Central Florida market.
Location remains one of the most compelling aspects of this property. Just 2.2 miles (a 4-minute drive) from Historic Downtown Inverness, the site is conveniently situated near key government and business hubs, including the Citrus County Tax Collector’s Office, the Courthouse, City Hall, and Citrus Memorial Hospital. Additionally, its strategic position provides easy access to several prominent communities in the region, including Floral City (5 miles), Lecanto (12.3 miles), Beverly Hills (15.1 miles), Crystal River (16.6 miles), and Homosassa (18.8 miles). This regional connectivity makes the property ideal for professional firms, medical offices, corporate headquarters, and other commercial enterprises looking to establish a strong presence in a flourishing market.
Beyond its immediate advantages, the property is located in one of the fastest-growing areas in Florida. Citrus County, currently home to 153,600 residents, is projected to experience an unprecedented population surge to 350,000 by 2030, as outlined in the County’s Land Development Code. This rapid demographic expansion underscores the region’s increasing economic potential, making it an attractive market for businesses and investors alike. Furthermore, Citrus County is part of the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area (MSA), the 18th largest in the United States, positioning it within a larger network of economic growth, infrastructure development, and business expansion opportunities.
With its modern renovations, strategic location, and strong market fundamentals, this property represents a rare opportunity to acquire a premium office space in an area poised for long-term growth. Businesses seeking a high-visibility, move-in-ready space with expansion potential will find this executive office building to be an ideal choice. Given the rapid economic and population growth in Citrus County, securing a presence in this market today ensures a competitive edge in the evolving commercial landscape of Central Florida.
Investment Highlights:
-3,200 SF Executive Office | Fully Renovated | Move-in Ready
-0.71 AC GNC-Zoned Site with City Utilities & 37 Parking Spaces
-High-Traffic Corridor: SR 44 | 29,500 AADT
-National NNN Tenant | Corporate Guarantee | 2.5% Annual Increases\
-Strong Cap Rate Market (~6%) | Office Outperforming Retail
-3-Year Initial Term + Two 3-Year Renewal Options
-Located in One of Florida’s Fastest-Growing Counties
-Within Tampa MSA – A Top-20 U.S. Metro Market
Prime Location & Regional Access:
Positioned just 2.2 miles (4-minute drive) from Historic Downtown Inverness, the property enjoys proximity to core government and institutional anchors, including the Citrus County Courthouse, City Hall, Tax Collector’s Office, and Citrus Memorial Hospital. This central location also offers direct access to key surrounding communities:
Floral City – 5 miles
Lecanto – 12.3 miles
Beverly Hills – 15.1 miles
Crystal River – 16.6 miles
Homosassa – 18.8 miles
Building Layout and Features:
-Four private offices
-A spacious executive conference room
-A welcoming reception area with storage
-A dedicated copy and mailroom
-An oversized lobby
-A breakroom for employees
-Three restrooms
Situated on a 0.71-acre lot zoned General Commercial (GNC), the property provides 32 parking spaces with full ingress and egress from SR 44, benefiting from a high-visibility traffic count of 29,500 AADT. An additional lot allows for future parking expansion. With planned city water and sewer expansion, the area is primed for even greater commercial growth.
A Modernized Business Space
The building has been completely transformed, featuring:
? Brand-new HVAC system
? Elegant wood flooring & detailed trim work
? High-end lighting fixtures
? New energy-efficient windows
? Durable metal roof (installed 2015)
Just 2.2 miles (4 minutes) from Historic Downtown Inverness, this property is near essential government and business centers, including:
-Citrus County Tax Collector’s Office
-Courthouse & City Hall
-Citrus Memorial Hospital
It also provides convenient access to major surrounding communities:
-Floral City – 5 miles
-Lecanto – 12.3 miles
-Beverly Hills – 15.1 miles
-Crystal River – 16.6 miles
-Homosassa – 18.8 miles
As part of the Tampa–St. Petersburg–Clearwater MSA (the 18th largest in the U.S.), Citrus County is poised for rapid expansion. Currently home to 153,600 residents, projections indicate a population surge to 350,000 by 2030—a golden opportunity for businesses and investors alike.
Seize this exceptional opportunity to establish your business in one of Florida’s fastest-growing commercial markets.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
|
$9.99
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TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,200 SF
Building Class
C
Year Built
1985
Price
$942,246 CAD
Price Per SF
$294.45 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,200 SF
Building FAR
0.10
Lot Size
0.71 AC
Zoning
C - Commercial
Parking
35 Spaces (10.94 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 19E-19S-13-0030-00110-0120 | Improvements Assessment | $209,132 CAD (2024) |
| Land Assessment | $211,515 CAD (2024) | Total Assessment | $420,647 CAD (2024) |
PROPERTY TAXES
Parcel Number
19E-19S-13-0030-00110-0120
Land Assessment
$211,515 CAD (2024)
Improvements Assessment
$209,132 CAD (2024)
Total Assessment
$420,647 CAD (2024)
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PRIME 3,200 SF OFFICE SPACE IN CITRUS COUNTY | 2519 Highway 44 W
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