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5985 S Florida Ave
Lakeland, FL 33813
Jay Care A Palm Medical Center South Lakeland · Office Property For Sale
Investment Highlights
- 13,176 Single Tenant Medical Office Occupied by Palm Medical Center
- Built in 2013 | Newer Quality Construction
- Property Sits on Florida Avenue S (40,000 Vehicles Daily) Across From St. Luke’s Regional Health Care
- Tenant has one Percent Rent Increases Annually | NNN Lease
- Palm Medical Center has Fourteen Different Office Locations Throughout Florida
- Roughly Seven Miles South of Downtown Lakeland and Lakeland Regional Health Medical Center | an 864-bed Level II Trauma Center
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
13,176 SF
Building Class
C
Year Built
2013
Tenancy
Single
Building Height
1 Story
Typical Floor Size
13,176 SF
Building FAR
0.27
Lot Size
1.10 AC
Zoning
C4
About 5985 S FLORIDA AVE , LAKELAND, FL 33813
Palm Medical Center occupies 100 percent of the single-tenant medical office, built in 2013. Tenant has four years remaining in a five-year lease term: and offers three, five-year renewal options with one percent rent increases annually. Subject property sits along S Florida Avenue with an average daily traffic of 40,000 vehicles. Across the street is St. Luke’s Regional Health Care and Lakeside Pediatrics. St. Luke’s Regional Health offers general health services, immunizations, minor surgical procedures, an in-house pharmacy and more. The tenant, Palm Medical Center is a leading provider of primary medical care to seniors and families. Palm Medical Center has a total of 14 locations in Florida.
Property Taxes
| Parcel Number | 23-29-13-000000-041070 | Improvements Assessment | $1,579,366 |
| Land Assessment | $214,902 | Total Assessment | $1,794,268 |
Property Taxes
Parcel Number
23-29-13-000000-041070
Land Assessment
$214,902
Improvements Assessment
$1,579,366
Total Assessment
$1,794,268
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