Log In/Sign Up
Your email has been sent.
Innovation Medical Office Building 3655 Innovation Dr 10,000 SF 100% Leased Office Building Lakeland, FL 33812 $5,200,000 ($520/SF) 4% Cap Rate
INVESTMENT HIGHLIGHTS
- Established tenants with solid leases
- Ideal for medical users
- Strategic location with modern amenities
- Prominent visibility
EXECUTIVE SUMMARY
Excellent medical facility in Lakeland, Florida, conveniently located just off U.S Highway 98. With the stability and reliability of established tenants, this property offers a compelling prospect for investors seeking a secure and lucrative venture in the medical sector. The combination of a prime location, a versatile building, and the assurance of strong lease agreements makes this an enticing opportunity for investors looking to capitalize on the stability and growth potential of the healthcare industry.
Location Description
Discover the bustling city of Lakeland, FL, home to a brand new Orlando Health facility and other renowned medical facilities such as Lakeland Regional Health Medical Center and Watson Clinic. The area offers an ideal environment for medical users, making it a compelling location for medical professionals and healthcare organizations. The property's convenient access to these facilities, along with its proximity to educational institutions and a vibrant community, positions it as a prime location for medical practitioners and healthcare businesses.
Location Description
Discover the bustling city of Lakeland, FL, home to a brand new Orlando Health facility and other renowned medical facilities such as Lakeland Regional Health Medical Center and Watson Clinic. The area offers an ideal environment for medical users, making it a compelling location for medical professionals and healthcare organizations. The property's convenient access to these facilities, along with its proximity to educational institutions and a vibrant community, positions it as a prime location for medical practitioners and healthcare businesses.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
10,000 SF
Building Class
B
Year Built
2012
Price
$5,200,000
Price Per SF
$520
Cap Rate
4%
NOI
$208,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,000 SF
Building FAR
0.18
Lot Size
1.30 AC
Parking
54 Spaces (5.4 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 24-29-10-280562-000120 | Improvements Assessment | $1,338,231 |
| Land Assessment | $438,193 | Total Assessment | $1,776,424 |
PROPERTY TAXES
Parcel Number
24-29-10-280562-000120
Land Assessment
$438,193
Improvements Assessment
$1,338,231
Total Assessment
$1,776,424
1 of 11
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Innovation Medical Office Building | 3655 Innovation Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.