5.64% CAP
no data
Mixed Use
Property Type
$146,734
Net Operating Income (NOI)
2 unit(s)
Total Units
5.64%
CAP RATE
2
Leasable Doors
No price data
Price per unit
Value-add investment or owner-user opportunity in Lakeland, Florida’s thriving economic landscape! This versatile two-building property includes a 7,000 ± SF warehouse and a 13,250 ± SF office building, offering immediate income potential from existing short-term leases. Some areas of the property are not currently leased.
This presents a unique chance for investors to significantly enhance returns or for an owner-user to secure occupancy relatively quickly, within one of Lakeland’s most desirable industrial trade areas, virtually right across the street from the Lakeland Linder International Airport.
The buildings share one electric meter, with 3-phase power and 600 total amps. The office spaces offer Class-B finishes, with typical amenities. The warehouse is mostly dock-high, with a small portion at ground level, and it includes a large covered storage area where the Landlord is not currently collecting rent.
- HVAC: 10 units, 4 of which are less than two years old
- Power: 3-phase, 120/208V, 600amp (125amp in warehouse)
- Security cameras and security lights
- One electric meter serves office and warehouse buildings
- 2 power security gates
Video Tour
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