3301 W Main Street Leesburg, FL 34748
90,500 SF industrial building on 7.55 acres in Leesburg, FL.
- Added:
- Mar 31, 2023
- Days on Market:
- 1202
- Last Refresh:
- May 12 at 8:28 pm
Property Features for 3301 W Main Street
General Information
- Standard status
- Active
- Size
- 90,500 SF
- Lot size
- 7.55 Acres
- Property subtype
- Industrial
Listing office CBRE - Orlando (407) 506-6016
Listing date Mar 31, 2023
Source Crexi
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 CBRE - Orlando
Investment Insights
Based on property information with market context.
Key Highlights
- 90,500 SF standalone industrial building on 7.55 acres
- Features 87,000 SF of warehouse space and 3,500 SF of office space
- Excellent visibility with frontage to 20,500 vehicles per day off Hwy 44
Local Financial Insights For Warehouse
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 | $792.8k | $8.76 |
| − Vacancy | −$70.6k | −$0.78 |
| EGI | $722.2k | $7.98 |
| − OpEx | −$108.3k | −$1.20 |
| NOI | $613.9k | $6.78 |
