Lakeland, FL 33805,2120 LAKELAND HILLS BLVD
Lakeland, FL 33805,2120 LAKELAND HILLS BLVD
Lakeland, FL 33805,2120 LAKELAND HILLS BLVD
Lakeland, FL 33805,2120 LAKELAND HILLS BLVD
Lakeland, FL 33805,2120 LAKELAND HILLS BLVD
Lakeland, FL 33805,2120 LAKELAND HILLS BLVD
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$1,350,000

$1,600,000

15.6%
Est.Price: ?

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Est. payment /mo

5,016 SqFt


SOLD DATE : 12/23/2022

Key Details

Sold Price $1,350,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 5,016 sqft

Price per Sqft $269

Subdivision Glen Echo Sub

MLS Listing ID L4933034

Sold Date 12/23/22

HOA Y/N No

Originating Board Stellar MLS

Year Built 1966

Annual Tax Amount $10,232

Lot Size 0.390 Acres

Acres 0.39

Lot Dimensions 109.6x155

Property Description

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

State FL

County Polk

Community Glen Echo Sub

Zoning O-1

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Laminate

Exterior

Garage Ground Level, Over 30 Spaces

Utilities Available Public, Water Connected

Waterfront false

Roof Type Shingle

Building

Story 2

Entry Level Two

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Brick, Stucco

New Construction false

Others

Ownership Partnership

Acceptable Financing Cash, Conventional, Lease Back

Listing Terms Cash, Conventional, Lease Back

Special Listing Condition None

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Carlene Montague-James

Carlene Montague-James

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Stellar MLS
Listed by 360 PERSPECTIVE PARTNERS
Bought with 360 PERSPECTIVE PARTNERS
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