225 Us Hwy Lake Placid, FL 33852
This 699-square-foot medical office space is ideally situated on US Highway 27 in Lake Placid, Florida, boasting excellent highway frontage with an impressive average annual daily traffic count of 18,800 vehicles. The property, built in 1982, is classified as Class C and features single-tenant occupancy. The interior is finished with tile flooring throughout. Ample paved parking is available. The building is constructed of concrete block and is zoned C-1, offering versatility for various commercial uses. The asking rent is a highly competitive $12 per square foot annually, plus applicable sales tax and utilities. Utilities are shared/prorated among tenants; if a single tenant occupies the space, they are solely responsible for utilities. A three-year or longer lease is preferred, with a first month's rent, last month's rent, and security deposit required. Additional square footage is available for lease; inquire for details. The property is conveniently located near McDonald's on US Highway 27 and Hammock Road. Directions: From US 27 and Hammock Road, proceed south to the site.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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