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- LoopNet Team
1580 Santa Barbara Blvd
The Villages, FL 32159
NET LEASED BUILDING INSIDE THE VILLAGES · Office Property For Sale
Investment Highlights
- Class A Medical Facility only +/- 900 ft WALK to The Villages Hospital
- Backs up to The Villages Golf Cart Path.
- Excellent location in the highest concentration of medical in all of the Tri County Areas.
PROPERTY FACTS
About 1580 Santa Barbara Blvd , The Villages, FL 32159
Class A Medical Facility only +/- 900 ft WALK to The Villages Hospital. This property is not only extremely convenient to The Villages residents but features golf cart path at rear of building and 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. RARE OPPORTUNITY TO AQUIRE THIS NET LEASE INVESTMENT PROPERTY INSIDE THE VILLAGES WITH FEE SIMPLE LAND/BUILDING OWNERSHIP SUPPORTED BY A 10 YEAR LEASE WITH A 6% CAP RATE WITH YEAR ONE Net Operating Income of $420,000. and fixed annual escalations of 3%. Includes two (10) year lease renewal options. 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.
PROPERTY TAXES
| Parcel Number | D01J600G | Improvements Assessment | $2,098,080 |
| Land Assessment | $1,486,330 | Total Assessment | $3,584,410 |
PROPERTY TAXES
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