Office•Administrative•For Sale

5600 US Hwy 98 North

5600 Us Hwy 98 N, Lakeland, Florida 33809

Sale Price $595,000 ($80.41 /SqFt)
Sale Type Owner User
Zoning Commerical Office
Bldg Type Multi-Tenant
Class A
Status Existing
Year Built 1989
Stories 1
Gross Bldg 7,400 SqFt
Total Avail 7,400 SqFt
Avail 7,400 to 7,400 SqFt
RBA 7,400 SqFt
Market Tampa/St. Petersburg
Sub-Market Polk County
Parcel# 23-27-23-008000-000300
For Sale Property: The Blair Center is a 7,400 sf office building, built in 1989. The interior was originally designed for eight independent units, but is currently configured as five. The building sits on .58 of an acre, with excellent exposure to 98N. Roof was replaced in 2004, the water is public and the waste is on-site septic. Retention is underground vaulted, allowing for a 3.15 parking ratio on this small lot. Lakeland Electric is the utility provider. Property has two current tenants, occupying appx 25% of the property. Large monument sign allows for excellent visibility for tenants. Perfect for an owner occupant who wants rental income. North Lakeland has always been limited on office space, and this property has upside potential, as it has been under managed, and an increase rental rates is needed to get to market. All included proforma material are projections for a new owner.
  • LARGE PYLON SIGN
  • CLOSE TO I-4
  • MULTI TENANT | FIVE UNITS
  • EXCELLENT FOR OWNER/OCCUPANT
  • 41,500 VPD
  • FREE STANDING OFFICE BUILDING
  • US 98 FRONTAGE
  • ON SITE, SURFACE PARKING
2/9/2018 12:00:00 AM 2/14/2019 6:20:20 PM
Jack Strollo, CCIM, CPM
Vice President | Managing Broker
Broadway Real Estate Services

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