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SOLD: 5245 Great Oak Dr.

$499,000

Lakeland, Florida

4.06 Acres

PROPERTY DETAILS

Property Type: Commercial Investment, Industrial

Location: 5245 Great Oak Dr, Lakeland, Florida 33815

County: Polk


This leased industrial land is 4.06 +/- acres and located within an industrial neighborhood just off the I-4 / County Line Rd. interchange. The location provides easy access to excellent road systems and more than 20,000,000 people within a 5 hour drive-time. The property is leased through February 2023, and can be extended through February 2028. At the current asking price, the sale equates to an 8.4% cap rate. The property is leased NNN, but the Landlord is responsible for capital expenditures, which are minimal.

Description: PIN (Property Identification Number): 232819087503000070

Driving Directions: Located near the I-4 / County Line Rd. interchange, with easy access to the Lakeland Airport and the Polk Parkway (SR 570).

Gary Ralston

Managing Director & Senior Advisor

863.877.2828

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