Commercial for Sale: 5441 N SOCRUM LOOP ROAD, LAKELAND, FL 33809

$2,300,000
$2,300,000
5441 N SOCRUM LOOP ROAD, LAKELAND, FL 33809
$2,300,000
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Price:
$2,300,000
$200,000 - 10/17/2024

Type Commercial
Total Living Area 6,480 sqft
Lot Size 0.85 acres
Year Built 1991
Taxes Paid $16,295

City LAKELAND
Area 33809 - Lakeland / Polk City
County Polk
Subdivision ACREAGE

MLS TB8307314
Status Pending
DOM 93 days
Under contract-accepting backup offers. 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.

Virtual Tours for 5441 SOCRUM LOOP ROAD LAKELAND, FL

Lot & Building Features

Construction Brick
Cooling Central Air
Parking Description Parking Spaces - 19 to 30
Sewer Public Sewer
Tax Year 2023
Taxes Paid $16,295
Water Public

Price History of 5441 SOCRUM LOOP ROAD, LAKELAND, FL

Date Name Price Difference
10/17/2024 Price Adjustment $2,300,000 8.00%
12/31/1969 Listing Price $2,500,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 5441 SOCRUM LOOP ROAD, LAKELAND, FL

Location Map Street View
Photo of Megan Kesky
Office
1201 6th Ave W
Bradenton, FL 34205
888-804-9992
Listed by NEXTHOME GULF COAST, Amanda LeGault
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5441 SOCRUM LOOP ROAD (MLS #TB8307314) is a commercial listing located in LAKELAND, FL. This is a commercial listing with a lot of 37,026 sqft (or 0.85 acres). This property was listed on 09/25/2024 and has been priced for sale at $2,300,000.

Nearby zip codes are 33801, 33805, 33810 and 33815. This property neighbors other cities such as Lakeland.

Stellar MLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: NEXTHOME GULF COAST