Listing by: Brett Vogeler, 360 PERSPECTIVE PARTNERS

0 Beds

n/a Full bath

3,036 SqFt

Pending

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
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 Pending
Listing Date Aug 25, 2022
Listing Last Modified Sep 1, 2022
Tax ID 24-28-07-171000-012170
Tax Year 2021
Tax Annual Amount 7142
MLS® Area 33805 - Lakeland / Gibsonia
MLS® # L4932414

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This information is believed to be accurate, but without any warranty.