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$ 590,000
Est. payment | /mo
2,560 SqFt
$ 590,000
Est. payment | /mo
2,560 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 2,560 sqft
Price per Sqft $230
Subdivision Roanoke Hills Sub
MLS Listing ID O6279369
HOA Y/N No
Year Built 1990
Annual Tax Amount $2,672
Lot Size 0.430 Acres
Acres 0.43
Property Sub-Type Industrial
Source Stellar MLS
Property Description
This Retail property at 2016 W Memorial Blvd boasts a long history of reliable tenants who have recently signed a lucrative 2-year Net lease expiring end of 2026, ensuring a stable income stream with minimal landlord responsibilities. Situated in a high-traffic location with 25,500 AADT and surrounded by major retailers, this property offers a prime investment opportunity. Formerly built and operated by a national retailer, this property has seen a surge in investment activity in Lakeland, with the market experiencing record-breaking sales volumes in recent quarters, making it a standout opportunity for savvy investors looking for a high ROI potential.
Location
State FL
County Polk
Community Roanoke Hills Sub
Area 33815 - Lakeland
Zoning C3
Interior
Cooling Office Only
Building
Foundation Block
Lot Size Range 1/4 to less than 1/2
Structure Type Block
New Construction false
Others
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6279369

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Listed by PREMIUM PROPERTIES R.E. SERVICE
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