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Palm Plaza 715 N 14th St
2,250 - 14,550 SF of Retail Space Available in Leesburg, FL 34748
Highlights
- Palm Plaza is centrally located on US Highway 27 between US Highway 441 and State Road 44
- Serving the residents of Leesburg with proximity to The Villages, the best-selling and fastest growing master planned retirement community in Florida
- Nearby is UF Health’s recent $29 million expansion to 350 hospital beds in 2020 (1,466 employees)
- Anchored by a strong performing Publix Super Market with national tenants including Planet Fitness, T-Mobile, Quest, Firehouse Subs, and UPS
- Benefits from high traffic on US Highway 27 (30,500 AADT), US Highway 441 (40,500 AADT), and State Road 44 (22,500 AADT)
- Mirror Lake Village and Bentley Ridge, two nearby developments underway with more than 175 residential units coming to the market
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 14 | 2,250 SF | 3-5 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 15 | 3,417 SF | 3-5 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 17 | 8,883 SF | 3-5 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 14
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
1st Floor, Ste 15
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
1st Floor, Ste 17
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
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.
SELECT TENANTS AT Palm Plaza
- Tenant
- Description
- US Locations
- Reach
- Advance America
- Check Cash/Quick Loans
- 2,136
- National
- OneMain Financial
- Finance Company
- 2,409
- National
- Planet Fitness
- Fitness
- 3,041
- International
- Publix Super Markets
- Supermarket
- 1,906
- National
- Quest Diagnostics
- Health Care
- 2,217
- International
- Rent-A-Center
- Rental Shop
- 3,345
- International
| Tenant | Description | US Locations | Reach |
| Advance America | Check Cash/Quick Loans | 2,136 | National |
| OneMain Financial | Finance Company | 2,409 | National |
| Planet Fitness | Fitness | 3,041 | International |
| Publix Super Markets | Supermarket | 1,906 | National |
| Quest Diagnostics | Health Care | 2,217 | International |
| Rent-A-Center | Rental Shop | 3,345 | International |
PROPERTY FACTS FOR 715 N 14th St , Leesburg, FL 34748
| Property Type | Retail | Year Built/Renovated | 1959/2018 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 4.3/1,000 SF |
| Gross Leasable Area | 133,911 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 133,911 SF |
| Year Built/Renovated | 1959/2018 |
| Parking Ratio | 4.3/1,000 SF |
About the Property
Located in the Publix Anchored Palm Plaza Shopping Center with FDOT 30,000 Avg Trips Per Day. Easy access with a signalized entry and great visibility with over 1,000 +/- FT of US Hwy 27 Frontage. Great Synergy from Taco Bell, Dunkin Donuts, Planet Fitness, Quest, T-Mobile as well as other great national credit tenants. Palm Plaza is a beautiful Central Florida Shopping Center that is an exceptionally well-maintained, high traffic center. Less than an hour to Orlando or Ocala this location is ideally situated close to The Villages, I-75 and Florida's Turnpike. Lease rate is aggressive and offers a great opportunity for your company to join this A+ group of tenants.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
-
Serina Morison -
The Sembler Company
Presented by
Palm Plaza | 715 N 14th St
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