Commercial property in Lakeland, Florida № 2121536

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Commercial property in Lakeland, Florida № 2121536
ID2121536 $ 5 250 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2121536

Property description

This offering presents a rare opportunity to acquire a mission-critical asset leased to the U.S. General Services Administration (GSA), providing investors with secure, long-term income backed by the full faith and credit of the federal government. Strategically positioned within a growing Florida market, the asset offers both income stability and potential long-term upside supported by favorable regional fundamentals. This investment is particularly attractive for buyers seeking a passive, low-management asset with institutional-grade tenancy. The strength of a GSA lease, combined with the property’s functional design and established occupancy, creates a compelling opportunity to secure a high-quality government-backed income stream. The Tenant has invested over $800,000 improving the property over the last 6 years, therefore there is a high likelihood they will desire renewal, but they have no option in the lease, leaving it up to the investor to renegotiate or reposition the asset as medical use/surgery center for the greatest return.
MLS #: W7885772
Contact the seller
Contact me via
CityLakeland
Address550 COMMERCE DRIVE
TypeCommercial property
Completion dateIV quarter, 2008
Price
  • Price
  • per m²
$ 5 250 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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