Land•Other•For Sale

5245 Great Oak Dr.

5245 Great Oak Drive, Lakeland, Florida 33815

Sale Price $499,000 ($2.82 /SqFt)
Zoning I-2 (City of Lakeland)
Land Area 4.06 Acres
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.
8/7/2019 12:00:00 AM 8/7/2019 6:30:56 PM
Gary Ralston
Managing Partner
Coldwell Banker Commercial Saunders Ralston Dantzler Realty

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