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2140 E Edgewood Dr
Lakeland, FL 33803
Pediatric Associates · Office Property For Sale
Investment Highlights
- Corporate-Backed Lease
- Attractive Rent Growth
- In-Place NNN Lease Structure
- Healthy Yield with Strong NOI
Executive Summary
Surmount is pleased to present the exclusive listing for a Pediatric Associates located at 2140 E Edgewood Dr, Lakewood, FL 33803. The site consists of roughly 7,108 rentable square feet of building space on an estimated 0.72 AC-acre parcel of land. This Pediatric Associates is subject to a 5-year Triple Net (NNN) lease, which commenced 5/30/2025. The current annual rent is $201,072 and has scheduled increases of 3.00% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
7,108 SF
Building Class
B
Year Built
1998
Price
$2,872,457
Price Per SF
$404.12
Cap Rate
7%
NOI
$201,072
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,108 SF
Building FAR
0.23
Lot Size
0.72 AC
Zoning
Medical Building - Medical Building
Property Taxes
| Parcel Number | 24-28-28-244000-005404 | Improvements Assessment | $549,780 |
| Land Assessment | $308,228 | Total Assessment | $858,008 |
Property Taxes
Parcel Number
24-28-28-244000-005404
Land Assessment
$308,228
Improvements Assessment
$549,780
Total Assessment
$858,008
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