
STNL INDUSTRIAL W/ 1.06 AC LAND
STNL Industrial | Leesburg, FL | $109K NOI | 7.09% Cap | $1.55M | 1.06 AC Development
Marketing description
STNL Industrial w/ 1.06 AC Land at 2215 Griffin Rd, Leesburg, FL 34748 presents a compelling opportunity to acquire a 100% occupied, single-tenant net-leased industrial asset in the heart of fast-growing Lake County. The offering includes an 8,800 SF industrial building on 2.9 acres, plus 1.06 acres of vacant light industrial land, creating valuable expansion, storage, or future development potential. The property is leased on a landlord-friendly NNN structure, with ownership responsible only for roof and structure, and features 4% annual rental increases through the current term expiring January 31, 2028, with one extension option. Its flexible layout supports long-term usability and renewal optionality for a wide range of industrial users.
Strategically positioned just minutes from US 441 and US 19 and within 30 minutes of the Orlando MSA, the site offers excellent access for distribution and last-mile delivery throughout Lake County. Surrounded by growing population, strong household incomes, and established retail and employment drivers, this asset combines current income, land upside, and a desirable Central Florida location in one attractive investment.
Investment highlights
- INCLUDES 1.06 ACRES OF VACANT INDUSTRIAL LAND
- CURRENT LAND USE: LIGHTINDUSTRIAL
- LANDLORD FRIENDLY LEASE – ONLY RESPONSIBLE FOR STRUCTUAL AND ROOF
- LOCATED IN ONE OF THE FAST-GROWING COUNTIES IN CENTRAL FLORIDA
- 10 MINUTES TO HWY 441, US 19, AND 30 MINUTES FROM ORLANDO MSA
- FLEXIBLE DESIGN FOR POTENTIAL RENTAL RENEWAL OPTIONALITY
- EXCELLENT LOCATION FOR LAST-MILE DELIVERY FOR LAKE COUNTY
- AVERAGE HOUSEHOLD INCOME IS $70K+ AND 5-MILE POPULATION IS 75K
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