FL > Lakeland > Acreage
Lakeland, FL 33809,5441 N SOCRUM LOOP RD
Lakeland, FL 33809,5441 N SOCRUM LOOP RD
Lakeland, FL 33809,5441 N SOCRUM LOOP RD
Lakeland, FL 33809,5441 N SOCRUM LOOP RD
Lakeland, FL 33809,5441 N SOCRUM LOOP RD
Lakeland, FL 33809,5441 N SOCRUM LOOP RD
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Rosemond Noel

Rosemond Noel

+1(239) 200-3619
$ 2,300,000
Est. payment | /mo

6,480 SqFt

Save Virtual Tour
$ 2,300,000
Est. payment | /mo
Save Virtual Tour

6,480 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,480 sqft

Price per Sqft $354

Subdivision Acreage

MLS Listing ID TB8307314

HOA Y/N No

Originating Board Stellar MLS

Year Built 1991

Annual Tax Amount $16,295

Lot Size 0.850 Acres

Acres 0.85

Property Description

Situated at a prime intersection in Lakeland, Florida, this Truist Bank benefits from a highly desirable location in one of Central Florida’s most vibrant markets. Built in 1991, the property is fully leased to Truist Bank (Fitch: A+). The absolute NNN lease features annual rent increases and includes six five-year renewal options. The tenant has already executed an early extension, with 3.3 years remaining on the lease term. Truist Bank is responsible for all on-site obligations, including roof and structure maintenance.

The site offers ample parking, mature landscaping, and a convenient four-lane drive-thru. It is positioned as an outparcel to the Publix-anchored Plantation Square shopping center and is adjacent to a newly renovated McDonald's.

Over the past two years, Lakeland has experienced significant growth, adding more residents than any other area in Florida, thanks to its strategic location between Tampa and Orlando along the Interstate 4 corridor. The Truist Bank is located just west of Interstate 4, providing excellent connectivity throughout Central Florida. This unique positioning has attracted major distribution and logistics companies such as Amazon, IKEA, UPS, Rooms to Go, and Publix Supermarkets. Ongoing industrial development along the Interstate 4 corridor is expected to further reinforce Lakeland’s status as a key distribution hub in the region.

Location

State FL

County Polk

Community Acreage

Interior

Cooling Central Air

Exterior

Parking Features Parking Spaces - 19 to 30

Community Features Curbs, Sidewalks

Roof Type Shingle

Building

Story 1

Entry Level One

Foundation Block

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional, Trade, Other, Special Funding

Listing Terms Cash, Conventional, Trade, Other, Special Funding

Special Listing Condition None

Stellar MLS
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by NEXTHOME GULF COAST
Rosemond Noel

Agent | License ID: SL3480275

+1(239) 200-3619 | listwithrosemond@gmail.com

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5441 N SOCRUM LOOP RD