4245 S Pipkin Rd - Warehouse FOR SALE


Lakeland, FL 33811- Southwest Polk
$3,850,000 USD
863-272-7156
4245 S Pipkin Rd, Lakeland, FL for Sale
$3,850,000 USD
Warehouse - FOR SALE
1/22
null | 5.45% Cap Rate

4245 S Pipkin Rd
Lakeland, FL 33811
Southwest Polk


HIGHLIGHTS

  • 29,734± SF single-tenant net lease flex investment
  • Fully leased to Revere Control Systems Inc. with approximately 10 years remaining
  • 1.2± acres of additional land for potential expansion or outdoor storage
  • Tilt-wall construction with office space, two dock-high doors, and two grade-level doors

OVERVIEW

Located within Lakeland's highly desirable Parkway Corporate Center, this 29,734 ± SF single-tenant net lease flex investment offers immediate cash flow with long-term upside. Fully leased to Revere Control Systems Inc. with a below-market lease and approximately ten years remaining, the property provides stable in-place income and meaningful rental growth potential at rollover. Situated on approximately 4 acres, the site includes 1.2 ± acres of additional land, offering flexibility for future building expansion or possibly outdoor storage. The durable tilt-wall concrete building features a flex layout with finished office space and a rear-load warehouse configuration, including two dock-high and two grade-level doors. Located in Lakeland's thriving Airport submarket, the property offers convenient access to Lakeland Linder International Airport, Publix's corporate headquarters, the Polk Parkway, County Line Road, and I-4.

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

5.45%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Single Tenant Net Lease Flex Investment

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Distribution, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.01

LAND SF

174,676

ZONING

PUD-5420-I

APN/PARCEL ID

23-29-03-139563-000112

ASK ABOUT THIS PROPERTY

David HungerfordSaunders Ralston Dantzler Commercial Real EstateMore Info
863-272-7156

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David HungerfordSaunders Ralston Dantzler Commercial Real EstateMore Info
863-272-7156

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