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2120 LAKELAND HILLS BOULEVARD

Commercial Recently Sold
$1,350,000

BTC: 21.21899845

ETH: 431.12946339

Sold on: 2022-12-23
22 days
0 room(s)
5,016 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Fantastic NNN Leased Medical Investment Property! The medical group for this property wishes to complete a Sale / Leaseback transaction. The NNN Lease has already been negotiated and is complete. The building is Class A medical build out for Women's Imaging Center. The tenant is affiliation with Lakeland Regional and RIS. The building is two story with offices on the second floor. First floor is medical build out. Building is located in the Lakeland Medical District near the Hospital and Watson Clinic on the Northside of Lakeland with easy access to Interstate 4. Property is on 0.71 acres and has 53 parking spaces. First floor is comprised of 5 restrooms, a private office, 3 waiting room areas, Kitchenette, dressing rooms, 8 exam rooms, storage closets, etc. The second floor is accessible by two interior stair cases. There are 6 offices and a restroom with shower on the second floor. NNN Lease terms: Lease start September 1, 2022, 5 year initial lease with two 5 year renewal options. $97,788.60 annual rent payment plus sales tax. Rent increases of 3% annually on February 1st of each year.

Location

Facts and features

Type:
Commercial Sale
Parking:
Ground Level / Over 30 Spaces
Year Built:
1966
Lot:
0.39 Acres
Heating:
Central
Price/sqft:
$319
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Carpet

    • Laminate

    Heating

    • Central

    Cooling

    • Central Air

  • Parking

    • Ground Level

    • Over 30 Spaces

    Property

    • Levels: Two

    Lot

    • Lot: 0.39 Acres

    Other Property Information

    • Parcel Number: 242806166000006010

    • Zoning: O-1

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Utility

    • Public

    • Water Connected

  • Other financial information

    • Annual tax amount: $10,232

  • Source details

    • MLS ID: L4933034

    Other facts

    • Construction Materials: Brick / Stucco

    • Foundation Details: Slab

    • Direction Faces: East

    • Living Area: 5016

    • Water Source: Public

    • Lot Size Dimensions: 109.6 x 155

    • Subdivision Name: GLEN ECHO SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: 360 PERSPECTIVE PARTNERS