Listing by: Brett Vogeler, 360 PERSPECTIVE PARTNERS, 863-255-1613
View on map Contact us about this listing
0 Beds
n/a Full bath
3,036 SqFt
Sold
Fantastic Medical Investment Property at 8% Cap Rate! This 3,036 SF medical building on 0.31 acres is located in the heart of the Lakeland Medical District, across from Lakeland Regional Hospital. The tenant is Advanced Diagnostic Group, which is an Upright Open MRI clinic. Tenant has a 5 year initial lease term that started June 2015, but has two options to renew for 5 years each renewal period. They are in the first renewal period. Lease is a modified gross lease agreement.
Property Details | ||
|---|---|---|
| Price | $704,700 | |
| Close Price | $710,000 | |
| Lot Size | 100x135 | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.31 | |
| Property Type | Commercial | |
| Sub type | OfficeSpace | |
| MLS Sub type | Office | |
| Year Built | 1989 | |
| Subdivision | BON AIR ADD | |
| Roof | Membrane | |
| Heating | Central | |
| Foundation | Slab | |
| Lot Description | City Lot, Sidewalk, Street Lights | |
| Parking Description | 13 to 18 Spaces, Ground Level | |
Geographic Data | ||
| Directions | From HWY 92, Go north on Lakeland Hills Blvd, property will be on the right | |
| County | Polk | |
| Latitude | 28.057616 | |
| Longitude | -81.952924 | |
| Market Area | 33805 - Lakeland / Gibsonia | |
Address Information | ||
| Address | 1119 LAKELAND HILLS BOULEVARD, LAKELAND, FL 33805 | |
| Postal Code | 33805 | |
| City | LAKELAND | |
| State | FL | |
| Country | United States | |
Listing Information | ||
| Listing Office | 360 PERSPECTIVE PARTNERS | |
| Listing Office Phone | 704-774-0764 | |
| Listing Agent | Brett Vogeler | |
| Listing Agent Phone | 863-255-1613 | |
| Special listing conditions | None | |
| Ownership | Partnership | |
| Terms | Cash, Conventional | |
MLS® Information | ||
| Days on market | 7 | |
| MLS® Status | Sold | |
| Listing Date | Aug 25, 2022 | |
| Listing Last Modified | Dec 13, 2022 | |
| Tax ID | 24-28-07-171000-012170 | |
| Tax Year | 2021 | |
| Tax Annual Amount | 7142 | |
| MLS® Area | 33805 - Lakeland / Gibsonia | |
| MLS® # | L4932414 | |
Map View
Contact us about this listing
This information is believed to be accurate, but without any warranty.