This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
2520 US Highway 98
Lakeland, FL 33805
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Ferguson has 5 years remaining on the lease after executing an early 5-year renewal.
- The 6,200 sq. ft. building sits on a large 1.36 acre (59,346 sq. ft.). This very low 10% coverage ratio allows for abundant space for outside storage.
- located less than a mile from the I-4 (+/- 70,000 VPD), which is the main highway connecting Tampa and Orlando, FL.
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Showroom | Year Built | 1987 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.36 AC | No. Dock-High Doors/Loading | 2 |
| Rentable Building Area | 6,200 SF | ||
| Zoning | I-1 | ||
| Property Type | Industrial |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 1.36 AC |
| Rentable Building Area | 6,200 SF |
| No. Stories | 1 |
| Year Built | 1987 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 2 |
| Zoning | I-1 |
ABOUT 2520 US HIGHWAY 98 , LAKELAND, FL 33805
Committed Tenant – Ferguson has been operating out of this location for over 15 years. This facility has been a successful plumbing supply location for over 30 years as Ferguson purchased the local operator’s business in 2006. Ferguson has 5 years remaining on the lease after executing an early 5-year renewal. Strategic Location – This facility has frontage on US Hwy 98N (+/- 40,000 VPD) Orlando/Tampa – The Lakeland metro is strategically located between Orlando and Tampa, as well as in the center of the Florida peninsula. This positioning makes it well-suited for a regional distribution hub. New TPO Roof – This 6,200 sq. ft. concrete block and metal facility includes 2,518 sq. ft. of warehouse space and a 3,682 sq. ft. air-conditioned show room. A new TPO roof was put on in 2018 with a 15-year warranty. The building features one (1) front dock-high door and one (1) loading dock on the back of the building Active Market –Ferguson is located 2 miles from downtown Lakeland with very active neighboring tenants such as USPS, McDonald’s, Dunkin’ Donuts, Home Depot, Popeyes, AutoZone, U-Haul, Denny’s, Burger King, Waffle House, several hotels, and much more. Strong Tenant – Ferguson Enterprises is the largest U.S distributor of plumbing supplies, PVF, waterworks and fire and fabrication products; Third largest distributor of industrial and HVAC/R products. In the past 65 years, Ferguson has grown to a +/- 17 Billion-dollar Revenue company with more than 1,400 locations and over 27,000 associates nationwide.
PROPERTY TAXES
| Parcel Number | 23-28-01-000000-021070 | Improvements Assessment | $319,484 |
| Land Assessment | $225,511 | Total Assessment | $544,995 |
PROPERTY TAXES
