Search
Freestanding Net-Leased Restaurant
For Sale
Contact for pricing

1320 South 14th Street, Leesburg, FL 34748

Freestanding restaurant on busy US-27 with long-term NN lease through 2034 and built-in rent increases.

Property SizeContact for details
Days on Market65

Property Features for 1320 South 14th Street

General Information

Standard status Active
Property subtype Retail
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $39,552

Building Details

Tenancy Single
Listing Agency: Silber Investment Properties Ltd
Listed By: Chris Madlon · License #10401375311
Source: Crexi
Added: Jun 8 Changed: Aug 8 Last Checked: Aug 11 at 3:38PM

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 Silber Investment Properties Ltd

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Freestanding 1,521 SF Subway restaurant on a 0.30‑acre parcel at 1320 S 14th St, Leesburg, FL
  • Net‑leased to Doctor’s Associates LLC under a long‑term NN lease through October 29, 2034
  • 3% annual rent increases plus two 5‑year renewal options

Property Analytics

Current Use

Subway Take-out & Catering

Suggested Use

Top Pick Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Daycare Center Cafe & Coffee Shop Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

383
Businesses Nearby
70k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 63% Dining 22% Groceries 9% Apparel 6%
Circle K Shops & Services
26,125 visits/mo 0.4 miles
Hardee's Dining
13,596 visits/mo 0.4 miles
7-Eleven Shops & Services
12,434 visits/mo 0.4 miles
Save-A-Lot Groceries
5,942 visits/mo 0.1 miles
Dollar General Shops & Services
5,586 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
NNN property - Freestanding restaurant on busy US-27 with long-term NN lease through 2034 and built-in rent increases.
Where is this nnn property located?
The property is located at 1320 South 14th Street Leesburg, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Freestanding 1,521 SF Subway restaurant on a 0.30‑acre parcel at 1320 S 14th St, Leesburg, FL; Net‑leased to Doctor’s Associates LLC under a long‑term NN lease through October 29, 2034; 3% annual rent increases plus two 5‑year renewal options
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