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330 W Brannen Rd 12,120 SF Industrial Building Lakeland, FL 33813 $1,500,000 ($123.76/SF) 9.29% Cap Rate
Investment Highlights
- The property will be delivered vacant at closing. Given the strong demand for Industrial Outdoor Storage sites, this presents an excellent opportunity
- The site features two strategically positioned buildings along the parcel’s borders, maximizing usable space for outdoor storage and operations.
- This property is centrally located in Polk County, offering prime accessibility. Situated just off FL-37 (24,500 AADT).
- The current ownership has diligently maintained the quality of the warehouses. The east warehouse received a full roof replacement 11 years ago.
- This site features a low coverage ratio of just 15.81%, offering ample space for outdoor storage.
Executive Summary
Broker of Record
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500, Nashville, TN 37203
(866) 889-0550
Property Facts
| Price | $1,500,000 | Rentable Building Area | 12,120 SF |
| Price Per SF | $123.76 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1976/2014 |
| Cap Rate | 9.29% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.48/1,000 SF |
| Property Subtype | Service | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 10 |
| Lot Size | 1.76 AC |
| Price | $1,500,000 |
| Price Per SF | $123.76 |
| Sale Type | Investment |
| Cap Rate | 9.29% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 1.76 AC |
| Rentable Building Area | 12,120 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1976/2014 |
| Tenancy | Single |
| Parking Ratio | 2.48/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 10 |
Amenities
- Yard
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Truck Works Inc
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Truck Works Inc | Services | - | - | - |
1 1
Property Taxes
| Parcel Number | 23-29-13-000000-012120 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $886,630 |
Property Taxes
Parcel Number
23-29-13-000000-012120
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$886,630
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330 W Brannen Rd
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