Property: This is a 4, 361 RSF office building in the heart of the medical corridor. Building features three individual suites perfect for an owner occupant to occupy part of the building while gaining income on the remainder. This feature also allows for future expansion of the owner occupant. Suite sizes are; suite 1 – 1,183 rsf, suite 2 – 1,995 rsf, suite 3 – 1,183 rsf. Single water meter to the building, with individual electric meters to each suite. Ample onsite parking with over 39 spaces. All HVAC units are new ranging in age from 2014 to present. Site is located in the Midtown CRA and offers a buyer multiple grants for updates to the property such as Design Assistance, Façade & Site improvement, Food Related Services, Infill Adaptive Reuse, and Job Creation Incentive Pilot. Matching grants for site improvements, without a zoning change to food service, are up to $45,000! Traffic counts in excess of 22,000 vehicles per day insure excellent exposure for the existing monument sign.
Location: Site is in the medical corridor, just north of the CBD. Lakeland Hills Blvd is home to Lakeland Regional Health, Watson Clinic, R.I.S, Nemours Children’s Care, Johns Hopkins All Children’s Outpatient Care Lakeland, along with a host of support medical uses. Spring training home of the Detroit Tigers, Joker Marchant Stadium, is just a few blocks to the north. Access to I-4 is less than two miles to the north. Location is very accessible to all portions of Polk county and Central Florida.
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.
Price Reduced: $845,000
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