Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Leesburg Center Title is generated by Realmo AI

    10601 US-441, Leesburg, FL 34788

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in a busy shopping center.

    Type:Retail, Land
    Added:
    Jan 19, 2026
    Days on Market:
    114
    Last Refresh:
    Mar 17 at 1:21 pm

    Property Features for 10601 US-441

    General Information

    Standard status
    Active
    Property subtype
    Retail, Land

    Spaces For Lease

    at 10601 US-441 Contact us

    We can help!

    Listing Contact
    Jamie Pearson

    Listing agent Jamie Pearson License #FLBO

    Listing office Phillips Edison & Company

    Listing date Jan 19, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Phillips Edison & Company

    HighLights

    • Anchored by a newly redeveloped Publix.
    • Located on US Highway 441 with 37,431+ VPD.
    • Serves 45,753 residents with projected growth.
    • Over 21,400 households earning above $72,600.
    • Daytime population exceeds 14,800 within a 10‑minute drive.
    • Strong daily activity.

    Overview

    The Shoppes of Lake Village offers retail space in a shopping center anchored by a newly redeveloped Publix. The property is located on US Highway 441, which sees over 37,431 vehicles per day. The surrounding area has a population of 45,753 residents, with a projected growth of 1.51% over the next five years. There are more than 21,400 households earning above $72,600. The daytime population within a 10-minute drive exceeds 14,800, contributing to strong daily activity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Tavares Barber Shop — sycamore ln, leesburg, fl 34788
    • Lake Square Mall — 10401 US-441, Leesburg, FL 34788
    • Shoppes of Lake Village — 10601 US-441, Leesburg, FL 34788

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Lake
    State
    Florida
    Longitude
    -81.781375
    Latitude
    28.823016

    Nearby Similar for Lease

    • $3,000/Mo

      Leesburg Office Space Available

      Two office units available, suitable for various businesses.
      401 E NORTH BOULEVARD, LEESBURG, FL 34748
      View Details
    • $26 SF/Yr

      Medical Office Near UF Health

      Medical office space for lease near UF Health Leesburg Hospital.
      640 S LAKE STREET, LEESBURG, FL 34748
      View Details
    • $1,850/Mo

      Leesburg Mixed-Use Highway Frontage

      Updated mixed-use building with high visibility on US Highway 441.
      1539 US HIGHWAY 441, LEESBURG, FL 34748
      View Details
    • Contact for pricing

      Leesburg Warehouse with Office Space

      5,000 SF warehouse with office space for lease.
      118 WEBER Ave, Leesburg, FL 34748
      View Details
    • Contact for pricing

      Modern Warehouses with Fenced Land

      Two modern, air-conditioned warehouses totaling 10,170 SF on 0.92 acres.
      1818 GREENLEAF Ln, Leesburg, FL 34748
      View Details
    • Contact for pricing

      Leesburg Industrial/Warehouse Space Available

      Industrial/Warehouse space for lease in Leesburg, Florida.
      2317 GRIFFIN Rd, Leesburg, FL 34748
      View Details
    • Contact for pricing

      Leesburg Commercial Space For Lease

      4,520 sq ft space suitable for various uses.
      1314 SUMTER St, Leesburg, FL 34748
      View Details
    • Contact for pricing

      Downtown Leesburg Corner Unit

      Prime retail/office space in thriving downtown Leesburg.
      200 W MAIN St, Leesburg, FL 34748
      View Details
    • $80,400 SF/Yr

      Leesburg Warehouse with Air Conditioning

      8,040 sq ft fully air conditioned warehouse for lease.
      125 MONTCLAIR Rd 2, Leesburg, FL 34748
      View Details
    • Contact for pricing

      Highway Frontage Retail/Office Space

      Updated retail/office space with high visibility on US Highway 441.
      1539 US HIGHWAY 441, Leesburg, FL 34748
      View Details
    • $5,400/Mo

      Retail Space on Main Street

      Retail space available in Leesburg, Florida.
      201 E MAIN STREET 101, LEESBURG, FL 34748
      View Details
    • $53,900 SF/Yr

      Leesburg Office Space Available

      Office space for rent in Leesburg, Florida.
      300 RICHEY ROAD 3 & 4, LEESBURG, FL 34748
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in a busy shopping center.
    Where is this shopping center located?
    The property is located at 10601 US-441 Leesburg, FL.
    What are key features of this property?
    This property features: Anchored by a newly redeveloped Publix.; Located on US Highway 441 with 37,431+ VPD.; Serves 45,753 residents with projected growth.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jamie Pearson
    Real Estate License ID: FLBO
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10601 US-441, Leesburg, FL 34788
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!