Lakeland Industrial Property-10,500 SF 1.4 AC

Excellent opportunity for an owner/user or investor on this 10,500 SF building in southeast Lakeland. The structure is comprised of finished air conditioned offices, with drop ceilings, an large open air conditioned space, with the remaining space being traditional open warehouse.

The present tenants are a photography studio, a games supplier, and the owners who utilize some additional office space. All tenants are associated with the owners and therefore have no formal agreements in place, nor is any rent paid, at present. These spaces could be vacated in 30 days of notice.

The property is on 1 acre - the current structure could likely be expanded and there is room to possibly erect an additional structure closer to Maine Ave and use the middle area as common area parking.

• 10,500 SF office/warehouse opportunity in southeast Lakeland on 1.04 acres.
• The property is zoned IND, unincorporated Polk County. This is a generous zoning classification and allows the following main uses: heavy machinery equipment and sales, kennels, manufacturing, office, warehousing, commercial vehicle parking and many more.
• Approx. breakdown of space - A/C offices & photo studio - 3,060 SF, open A/C large space - 3,240 SF and warehouse (no air), but insulated ceilings - 4,200 SF. Spaces can be combined or further separated.
• There are 4 roll up doors at this property - (2) x 10 x 10, and (2) x 12 x12.
• 14' clearance in the main open warehouse. Drop ceilings in the air conditioned space at 10'.
• Office spaces as is market lease rates -$12-14 per square foot. Non air conditioned warehouse space at $10-$11 per square foot.
• Possible income - 6,300 SF x $13 - $81,900. 4,200 SF x $10 + $42,000. Total income possibility at $123,900.
• 2 total bathrooms in the building. One full bathroom and 1 half. Concrete floors throughout.
• Ample parking at the site, 20 plus spaces. The lot is not lined for parking at present.
• Electric service provided by Lakeland Electric.
• FGUA (Florida Governmental Utility Authority) provides water and sewer.

For more information please visit: SVN Saunders Ralston Dantzler