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33420235
33420055

1320 South 14th Street, Leesburg, FL 34748

CM
10401375311
Silber Investment Properties Ltd
AA
NY 10401386514
Listed by Silber Investment Properties Ltd
$625,000
13 days on market
Updated 13 days ago

Subway - Leesburg, FL

Details
Property Type Retail
Sub Type QSR/Fast Food
Cap Rate 6.30%
NOI $39,552
Occupancy 100%
Tenancy Single
Brand/Tenant Subway
Lease Type NN
Lease Expiration 10/29/2034
Remaining Term 8.4
Rent Bumps Yes
Lease Options 2@5
Acreage 0.300
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease No
Sale Condition N/A

Bite Sized Deal | Tax Free State

Marketing description

Subway presents an attractive net-leased investment opportunity at 1320 S 14th St, Leesburg, FL 34748, offered at $625,000 with a 6.3% cap rate. This freestanding 1,521 SF restaurant sits on a 0.30-acre parcel along busy S 14th Street/US-27, which sees approximately 35,780 vehicles per day, providing strong visibility and consistent consumer traffic. The property is leased to Doctor’s Associates LLC under a long-term NN lease through October 29, 2034, featuring 3% annual rent increases and two 5-year renewal options. The tenant reimburses real estate taxes and insurance and covers most day-to-day operating expenses, while landlord responsibilities are limited to roof and structural repairs. Surrounded by major retail and traffic drivers including Save A Lot, Dollar General, Little Caesars, Citi Trends, Marathon, Beacon College, Leesburg ER, and TownePlace Suites, the site benefits from a dense and growing customer base. Within a 5-mile radius, the area includes over 28,743 households and average household income of approximately $70,614, making this a compelling opportunity for investors seeking stable cash flow, built-in rent growth, and strong local fundamentals.

Investment highlights

Long-term Subway lease in place through October 29, 2034 with attractive 3% annual rent increases providing consistent NOI growth and a strong inflation hedge.

Tenant reimburses real estate taxes and insurance.

Close to major traffic drivers including Beacon College, Leesburg ER, TownPlace Suites by Marriott, and nearby residential neighborhoods.

Dense local customer base with over 28,743 households within 5 miles and average household income of approximately $70,614.

Tenant is responsible for the majority of day-to-day operating expenses including HVAC, plumbing, electrical, utilities, interior maintenance, trash removal, pest control, and general upkeep.

Listing Contacts

CM
10401375311
Silber Investment Properties Ltd
AA
NY 10401386514
Listed by Silber Investment Properties Ltd

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$39,552.00
$3,296.00/mo

Valuation Metrics

0
DSCR
6.33%
Cap Rate
6.33%
ROI

Map

Zoning

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C-3 CommercialSpecial CommercialHighway Commercial
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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