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- LoopNet Team
1501 N US Highway 441
The Villages, FL 32159
Bldg 1600 · Office Property For Sale
Investment Highlights
- Outstanding Exposure: Highway 441/27 external AADT count: 37,440
- Long Term Net Leased Building at 6% Cap Rate
- Inside The Villages yet FEE SIMPLE OWNERSHIP OF LAND (not land lease)
PROPERTY FACTS
About 1501 N US Highway 441 , The Villages, FL 32159
RARE OPPORTUNITY TO AQUIRE THIS NET LEASE INVESTMENT PROPERTY INSIDE THE VILLAGES WITH FEE SIMPLE LAND/BUILDING OWNERSHIP now in 2nd year of 10 year renewal term lease supported by a 6% Cap Rate with Net Operating Income: $144,000. and escalations of +$2. base rent every two years. The Villages is 55+ active community spreading over 547 square miles and remains in booming expansion mode. Many years ago The Villages reverted to commercial ground leases vs. fee simple land ownership. 4500 SF (NLA) Medical Facility has Excellent exposure to Adjusted Annual Traffic Count of 37,440 external trips per day in addition to The Villages "internal trips" by car and golf cart. The Villages Hospital is conveniently across Hwy 441 from building. This property is not only "on The Villages golf cart path" but currently includes eligibility in "A" rated Villages Charter School System for all employees children. Excellent location in the highest concentration of medical in all of the Tri County Areas.
PROPERTY TAXES
| Parcel Number | D01L003 | Improvements Assessment | $568,010 |
| Land Assessment | $360,780 | Total Assessment | $928,790 |
PROPERTY TAXES
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