Dollar Tree Investment
27800 US HWY 27 Leesburg, FL 34748
27800 US HWY 27, Leesburg, FL, 34748
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For Sale
Contact for pricing
Single-tenant retail property with stable income and rental growth.
Property Size10,320 SF
Lot Size1.46 Acres
Price / SF$172.13
Days on Market53
Property Features for 27800 US HWY 27
General Information
- Standard status
- Active
- Size
- 10,320 SF
- Lot size
- 1.46 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2018
Listing Agency
The ESS Group, Inc.
Listed by
Eli Satra Shans · License #CA 02023977
Source
Crexi
Added: May 26 Checked: Jul 16 at 10:56 am
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 ESS Group, Inc.
Investment Insights
Based on property information with market context.
This is a single-tenant net lease asset built in 2018 and backed by Dollar Tree Stores, Inc. The 10,320 square foot property is situated on 1.46 acres along US Highway 27, which experiences traffic counts of approximately 27,500 vehicles per day. The property has approximately 7 years remaining on a Double Net (NN) lease, which was early renewed. The annual NOI is $108,360, with a rent increase scheduled for April 1, 2028, and additional increases throughout the option periods. Landlord responsibilities are limited to roof and structure. The site is located in a growing Central Florida retail corridor near The Villages, Orlando, and Tampa, surrounded by national retailers, dense residential growth, and a strong consumer base. The 5-mile population exceeds 80,000, with more than 70,000 daytime employees in the trade area. This property is a retail investment with durable income, built-in rental growth, and long-term market fundamentals.
Key Highlights
- Single‑tenant net lease asset backed by Dollar Tree Stores, Inc.
- Approximately 7 years remaining on an early renewed Double Net (NN) lease with rent increase scheduled for April 1, 2028.
- Stable annual Net Operating Income (NOI) of $108,360.
Local Financial Insights For Specialty Retail
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 | $222.9k | $21.60 |
| − Vacancy | −$8.5k | −$0.82 |
| EGI | $214.4k | $20.78 |
| − OpEx | −$53.6k | −$5.19 |
| NOI | $160.8k | $15.58 |
10,320 SF · lease $21.60/SF/yr · vacancy 3.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.30M
$2.01M – $2.68M
NOI $160,831 @ 7.0% cap · market cap 9.05%
Second Best
Retail
$1.74M
$1.53M – $2.04M
NOI $122,100 @ 7.0% cap · market cap 6.87%
Theoretical Best
Office A
$2.94M
$2.57M – $3.43M
NOI $205,574 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - Single-tenant retail property with stable income and rental growth.
Where is this grocery and convenience store located?
The property is located at 27800 US HWY 27 Leesburg, FL.
What is the asking price?
The asking price for this property is $1,776,393.
What are key features of this property?
This property features: Single‑tenant net lease asset backed by Dollar Tree Stores, Inc.; Approximately 7 years remaining on an early renewed Double Net (NN) lease with rent increase scheduled for April 1, 2028.; **Stable annual Net Operating Income (NOI) of $108,360.**
