Lakeland, FL 33805,1305 LAKELAND HILLS BLVD
See all 43 photos
Lakeland, FL 33805,1305 LAKELAND HILLS BLVD
Lakeland, FL 33805,1305 LAKELAND HILLS BLVD
Lakeland, FL 33805,1305 LAKELAND HILLS BLVD
Lakeland, FL 33805,1305 LAKELAND HILLS BLVD

$2,000,000

Est. payment /mo

$1,999,999

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1305 LAKELAND HILLS BLVD Lakeland, FL 33805

6,634 SqFt

SOLD DATE : 12/09/2022

Key Details

Sold Price $2,000,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 6,634 sqft

Price per Sqft $301

Subdivision Lakeland Hills Medical Arts A Condo

MLS Listing ID L4933107

Sold Date 12/09/22

HOA Y/N No

Originating Board Stellar MLS

Year Built 1985

Annual Tax Amount $3,720

Lot Size 0.700 Acres

Acres 0.7

Property Description

Fantastic NNN Leased Medical Investment Property! The medical group for this property wishes to complete a Sale / Leaseback transaction. The NNN Lease has already been negotiated and is complete. The building is Class A medical build out for a Radiology Clinic partnership between Lakeland Regional Health and Radiology and Imaging Specialists. The tenant is affiliation with Lakeland Regional and RIS. The building is one story medical office. Building was originally established as a medical condominium of 4 condos, but property owner owns all units and common area. Building is located in the Lakeland Medical District across the street from Lakeland Regional Hospital on the Northside of Lakeland with easy access to Interstate 4. Property is on 0.7023 acres and has 39 parking spaces, but the adjacent parcel is owned by Lakeland Regional Health and is used for additional parking. Medical build out is comprised of a large lobby, 6 dressing rooms, 6 restrooms, a private office, 3 waiting room areas, Kitchenette, dressing rooms, 3 exam rooms, 3 MRI rooms with control rooms, storage closets, etc. NNN Lease terms: Lease start September 1, 2022, 5 year initial lease with two 5 year renewal options. $126,709.40 annual rent payment plus sales tax. Rent increases of 3% annually on February 1st of each year.

Location

State FL

County Polk

Community Lakeland Hills Medical Arts A Condo

Zoning O-1

Interior

Cooling Central Air

Flooring Ceramic Tile

Exterior

Parking Features Over 30 Spaces

Utilities Available Public, Water Connected

Building

Lot Description Corner Lot, City Limits, Oversized Lot

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Ownership Partnership

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Stellar MLS
Listed by 360 PERSPECTIVE PARTNERS
Bought with 360 PERSPECTIVE PARTNERS

Jeramiah Bustin

License Partner - Broker Associate

+1(813) 857-2120

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.