4225 Old Road 37 - Medical FOR SALE


Lakeland, FL 33813- Southwest Polk
$1,391,130 USD
858-373-3184
4225 Old Road 37, Lakeland, FL for Sale
$1,391,130 USD
Medical - FOR SALE
1/4
null | 6.25% Cap Rate

4225 Old Road 37
Lakeland, FL 33813
Southwest Polk


HIGHLIGHTS

  • Long Term Absolute Net Lease Featuring 3.00% Annual Rental Increases throughout the Initial Term and Two, 5-Year Extension Options.
  • Strategic Location in Rapidly Growing Lakeland, Florida - Located in South Lakeland along Old Road 37.
  • Frontline Dental Implant Specialists is a Dental Implant Partnership Network partnering with High Performing Implant Focused Practices Nationwide.
  • Lakeland sits Directly between Tampa and Orlando, two of Florida’s Largest MSAs, providing Access to a Combined Regional Population.
  • Proximity to Lakeland Regional Health Medical Center - Located near Lakeland Regional Health, one of the Largest Medical Systems in Central Florida.
  • Densely Populated and Affluent Area: Average Household Income of $92k+ within a 3-Mile Radius and over 151k People Residing within 5-Miles.

OVERVIEW

Frontline Dental Implant Specialists | Long Term Absolute Net Lease w/ 3% Annual Increases | World’s 1st Dental Implant Partnership Network | Strategic Location in Rapidly Growing Lakeland | Densely Populated and Affluent Area | Access to Major Transportation Arteries | Near Lakeland Regional Health Medical Center Florida Broker of Record: Ryan Nee | 5900 N Andrews Ave., Ste. 100 Fort Lauderdale, FL 33309 | P: (954) 245-3400 | Lic #: BK3154667 | Ryan.Nee@MarcusMillichap.com | Marcus & Millichap Real Estate Investment Services of Florida, Inc.

FOR SALE DETAILS

PRICE

$1,391,130 USD

PRICE/SF

$559 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ABSOLUTE NET DENTAL | 3% ANNUAL INCREASES

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

O-1 Office

APN/PARCEL ID

23-29-01-000000-023050

ASK ABOUT THIS PROPERTY

Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.