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Five-Property NNN Medical Portfolio
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600 N 14th St, Leesburg, FL 34748

Portfolio of single-tenant eyecare facilities under an absolute triple-net master lease with renewal options.

Property Size42,873 SF
Lot Size8.22 Acres
Days on Market143

Property Features for 600 N 14th St

General Information

Standard status Active
Size 42,873 SF
Lot size 8.22 Acres
Property subtype Retail

Building Details

Buildings 5
Tenancy Single
Owner Occupied No
Listing Agency: Northmarq - Tulsa
Listed By: Toby Scrivner · License #TX #452773
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 9:33PM

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 Northmarq - Tulsa

Investment Insights

Based on property information with market context.

This offering comprises five single-tenant eyecare medical facilities totaling approximately 42,873 square feet across 8.22 acres. The properties are operated by Mid Florida Eye Center, a multispecialty practice with six clinics across four cities in Central Florida, and are leased to Eyecare Services Partners Management, LLC.

The portfolio is governed by an absolute triple-net master lease with more than 10 years remaining in the initial term. Two six-year renewal options follow, and the lease includes 2.85% annual rent escalations during the initial term and renewal periods. Landlord maintenance obligations are excluded under the lease structure. The offering includes the property at 600 N 14th St in Leesburg, Florida, within a three-city Central Florida portfolio.

Key Highlights

  • Five single‑tenant eyecare medical facilities
  • Approximately 42,873 SF across 8.22 acres
  • Absolute triple‑net master lease with more than 10 years remaining

Property Analytics

Current Use

Dr. Gregory J. ... Ophthalmologist Jeffrey D. Baumann, ... Ophthalmologist Maizel Raoul D ... Ophthalmologist Keith C. Charles, ... Ophthalmologist Mid Florida Eye ... Ophthalmologist

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Locksmith Pet Grooming Service Pet Store Pet Store & Service

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,383
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Portfolio of single-tenant eyecare facilities under an absolute triple-net master lease with renewal options.
Where is this nnn property located?
The property is located at 600 N 14th St Leesburg, FL.
What are key features of this property?
This property features: Five single‑tenant eyecare medical facilities; Approximately 42,873 SF across 8.22 acres; Absolute triple‑net master lease with more than 10 years remaining
(918) 494-2690 Call to check price and availability
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