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.
Financial Considerations
Price:
$590,000
HOA Fee:
N/A
Tax Amount:
$2672
Price per SqFt:
$230.47
Tax Legal Description:
ROANOKE HILLS SUB PB 13 PG 37 S14/15 T28 R23 BLK A LOTS 4 LESS N 21.73 FT & 5 THRU 7