1320 South 14th Street, Leesburg, FL 34748

This freestanding restaurant comprises 1,521 SF on a 0.30-acre parcel and is structured as a net-leased investment. The property is leased to Doctor’s Associates LLC under a long-term NN lease with an expiration date of October 29, 2034. Lease terms include 3% annual rent increases and two 5-year renewal options. Tenant responsibilities include reimbursing real estate taxes and insurance and covering most day-to-day operating expenses, while the landlord’s obligations are limited to roof and structural repairs.

The building is located along busy S 14th Street/US-27 in Leesburg, Florida. The site is described as having approximately 35,780 vehicles per day, supporting strong visibility and consumer traffic. The surrounding retail mix includes Save A Lot, Dollar General, Little Caesars, Citi Trends, Marathon, Beacon College, Leesburg ER, and TownePlace Suites.

For investors, the offering provides a long-term, net-lease structure with contractual rent growth and renewal opportunities. The tenancy is supported by the property’s roadside location and the presence of multiple retail and traffic drivers in the immediate area. Within a 5-mile radius, the area includes over 28,743 households with average household income of approximately $70,614, providing an additional backdrop for tenant demand.