2500 Citrus Boulevard Leesburg, FL 34748
23,630 SF medical facility on 6.04 acres in Leesburg.
- Added:
- Jul 24, 2025
- Days on Market:
- 354
- Last Refresh:
- Jul 3 at 8:42 pm
Property Features for 2500 Citrus Boulevard
General Information
- Standard status
- Active
- Size
- 23,630 SF
- Lot size
- 6.04 Acres
- Property subtype
- OFC, OFC-MED
Listing office The Boyd Group (813) 478-1735
Listing date Jul 24, 2025
Source Realnex
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 The Boyd Group
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location at high‑traffic intersection of Hwy 441 and Hwy 27 in Leesburg with outstanding visibility and access.
- Anchored by Express Care of Leesburg, occupying 15,934 SF of high‑quality medical space.
- Proximity to The Villages (15 minutes north), driving demand for medical services.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $623.8k | $26.40 |
| − Vacancy | −$62.4k | −$2.64 |
| EGI | $561.4k | $23.76 |
| − OpEx | −$224.6k | −$9.50 |
| NOI | $336.9k | $14.26 |