3885 S. Florida Avenue, Lakeland, Florida 33813
Property: This an exceptional 3,120 sf office space built in 1984. Offers three private offices, receptionist, waiting area, conference room, restroom, and employee lounge. Current tenant is an orthodontist and has been at current location since 2018. This is a growing orthodontist practice which receives referrals from local dentist. The HVAC, Plumbing & Electrical were replaced/upgraded in 2018. Roof was replaced/upgraded in 2014 with minor repairs in November 2018. Cap Rate at 7%.
Location: Site is in Lakeland just south of the Polk parkway. Property is off South Florida Avenue a very well-traveled area. The property has plenty of parking.
Area Information: Lakeland is located approximately 35 miles east of Tampa and 55 miles southwest of Orlando along Interstate I-4. The city is home to Florida Southern College, Florida Polytechnic University, Southeastern University, Polk Community College, and Publix. Lakeland is showing positive job growth and offers a lower cost of living than area other areas along the I-4 corridor. There are over 10,000,000 people within a 100-mile radius of Lakeland; a fact that is causing exponential growth in the area.
Sale Price: $675,000
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