3020 S Florida Ave
Lakeland, FL 33803
The Abbey Business Park · Office Property For Sale

Five building complex totaling 25,534 sf with 23,634 sf leasable. There are a total of 15 leasable units with the front location building having 11,906 sf currently divided into two units. One of the units at 9,300 sq. ft. is owner occupied and the 2,606 sf is tenant occupied. The owner's space can be divided into two units for a potential of 16 units for the building. The owner will consider a leaseback of their space to facilitate a sale to an investor. The complex is 100% occupied with approximately $195,000 NOI, $297,000 annual gross (2014) - $23,000 maintenance, $14,000 utilities $8,200 management fee, $18,00 insurance, $38,400 RE taxes. Beautifully maintained and landscaped with significant road frontages and visibility. There are 105 marked parking spaces and excellent pylon signage. Total site area is 2.09 acres. Main building was once a large church sanctuary which was remodeled extensively in the year 2000 or so, and while maintaining structural architecture is so designed now for Class A/B office space with high quality finishes. Prime, prime, prime South Florida location with high visibility, high traffic, and good access. Considered one of the most desired locations in the Lakeland market.