Commercial property in Eustis, Florida 421.22 sq.m. № 2425744

Property description

Virtually Staged. FOR LEASE - Move-in ready freestanding medical/professional office building on SR 19 (N Grove St) in Eustis, 2-3 miles from AdventHealth Waterman. Approximately 4,534 SF of finished space on a 0.63-acre lot with about 200 feet of frontage and roughly 12,500 vehicles per day. The building is built out for medical use with 12+ private offices/exam rooms, reception and waiting area, 4 restrooms and a tiled employee shower, and is also well suited to dental, counseling, legal, financial, educational or administrative users. Major capital items are done: new roof (2022), three new HVAC systems (2022), 20-kW solar system (2022), new flooring, fresh interior paint and new cabinetry. 30+ lighted on-site parking spaces, monument signage opportunity and single-tenant identity. Offered at $20.00 per SF per year, absolute triple net (NNN); tenant pays taxes, insurance, utilities, janitorial and interior/HVAC maintenance, with estimated pass-through expenses of about $4.75 per SF. Initial terms of 5 to 10 years with renewal options and 3% annual escalations; concessions available for qualified longer-term tenants.