Building Details

Tenancy Multi

Listing Agency: Carlino Real Estate Group Inc j***@gmail.com Show Phone

Listed By: Jonathan Martin · License #sl3402836

Source: Crexi

Added: Apr 11 Changed: Jul 20 Last Checked: Aug 3 at 10:46AM

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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 Carlino Real Estate Group Inc

Investment Insights

Based on property information with market context.

This corner retail restaurant building offers two units with separate utility meters. The property includes onsite parking and features recent improvements, including a new roof in 2018 and a new mini-split ductless AC unit installed in 2019. Half of the building is occupied by an established restaurant that has been in place for many years.

The site provides approximately 72 feet of easy-access highway frontage and is located on the corner of a lighted intersection. According to the Florida Department of Transportation, the average daily traffic for this section of HWY 27 / 14th Street is 28,500 trips per day. The property is served by City of Leesburg utilities and is zoned C-2.

This configuration can support an owner-operator or add-on retail strategy, with the second unit offering separate metering and flexibility within the existing building setup.

Key Highlights

• 72' +/- highway frontage on the corner of a lighted intersection
• Average daily traffic (HWY 27 / 14th Street): 28,500 trips per day (per FDOT website)
• Zoned C‑2 and has City of Leesburg utilities

Property Analytics

Current Use

Bori Burger Café ... Cafe & Coffee Shop LO NUESTRO RESTAURANT ... Restaurant Latin Cafe Restaurant Cafe Ola Restaurant

Suggested Use

Top Pick Parking Lot & Garage Locksmith Pet Grooming Service Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

28,500 VPD

Traffic count

50%

Occupancy

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

1,383

Businesses Nearby

222k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 32% Shops & Services 29% Groceries 18% Superstores 7%

Publix Groceries

40,208 visits/mo 0.2 miles

Ollie's Bargain Outlet Shops & Services

21,581 visits/mo 0.3 miles

Big Lots Superstores

15,789 visits/mo 0.4 miles

7 Brew Coffee Dining

14,065 visits/mo 0.2 miles

Dunkin' Donuts Dining

13,761 visits/mo 0.1 miles

Demographics for 34748, FL

45,481

Population

25,740

Households

1.8

Avg Household Size

60

Median Age

24%

College-Educated

90%

High-School Grad

39.4 sq mi

ZIP Area

1,154

Density / Sq Mi

$53,768

Median Household Income

$30,762

Median Earnings

$1,181

Median Rent

$226,200

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Two-unit retail building on a lighted intersection with onsite parking and recent roof and ductless AC upgrades.

Where is this conventional restaurant located?

The property is located at 400 N 14th St Leesburg, FL.

What are key features of this property?

This property features: 72' +/- highway frontage on the corner of a lighted intersection; Average daily traffic (HWY 27 / 14th Street): 28,500 trips per day (per FDOT website); Zoned C‑2 and has City of Leesburg utilities