2126 & 2128 E. Edgewood Drive, Lakeland, Fl 33803 (FOR SALE)

2126 & 2128 E. Edgewood Drive, Lakeland, Florida 33803


Property: This exceptional location has two office buildings with a total 8,588 sq ft of rentable space. 2126 E. Edgewood has three units, one of which the current owner occupies and will lease back or vacate as desired by buyer. 2128 E. Edgewood is currently leased to a single tenant. All leases are short term with below market rents allowing upside for new buyer. Property is located within the city limits of Lakeland and is on city sewer and water. Site has a large monument sign with excellent exposure to the over 21,000 VPD passing this site. Projected proforma puts returns
over 7.5% on this excellent investment opportunity.

Location: Great location on Edgewood Drive between Lakeland Highlands Road and Bartow Highway. This property is centrally located.

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.

Sales Price: $1,650,000