4000-4134 US Highway 98 N | Lakeland, FL 33809
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4000-4134 US Highway 98 N
Lakeland, FL 33809
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Weighted Average Lease Expiration (WALE) of 4.3± years
- In-Place NOI of $470,674
- Positive Net Present Value (NPV) - Value of revenue is greater than cost
- 100% Occupancy
- Significant discount to replacement cost
PROPERTY FACTS
Property Type
Retail
Building Size
44,375 SF
Building Class
B
Year Built/Renovated
1993/2008
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.23
Lot Size
4.51 AC
Zoning
C-5, County
Parking
150 Spaces (3.38 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 23-27-35-000000-012100 | Improvements Assessment | $2,819,229 |
| Land Assessment | $1,754,478 | Total Assessment | $5,103,495 |
PROPERTY TAXES
Parcel Number
23-27-35-000000-012100
Land Assessment
$1,754,478
Improvements Assessment
$2,819,229
Total Assessment
$5,103,495
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