Lakeland Income Producer w/ NNN Lease

  SOLD October 2023 for $375,000

812 E. Memorial Boulevard, Lakeland, Florida 33801


Documents
  • Lakeland Income Producer w NNN Lease For Web Flyer.pdf (7.4 MB)   view   download
Building Size1,586 Square Feet
Land Size0.28 Acres
ZoningC2
Year Built1969
Traffic Count40,000

NNN Lease - Income Producer, 9% CAP. This is a 1,586 SF block building on .28 acres on a major thoroughfare in Lakeland. Memorial Blvd is a main artery running through Lakeland, and east to west as US 92 in the entire state. There are 40,000 cars per day along this route.

The property has a great open feel with several workstations, 2 bathrooms and a rear building offices. There is an opportunity to open up this building further.

The property is currently leased and monthly rent is $3,000 per month with yearly $100 increases through 2025.

The property could also be a candidate for redevelopment - tenant may be amenable to an early move out.

  • NNN Lease - Central Lakeland
  • 1,586 SF on .31 Acres - C-2 Zoning, City of Lakeland

For more information please visit:SVN Saunders Ralston Dantzler


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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