2326 West Memorial Blvd., Lakeland, FL
Industrial for Sale - $850,000 - 21,500 Sq. Ft. on 1.81 acres
Property Info
| CIMLS# | 928614 |
| Location 2326 West Memorial Blvd. Lakeland FL 33815 | |
| Updated | March 20th, 2017 |
| Type | Industrial |
| Price | $850,000 |
| Building | 21,500 Sq. Ft. |
| Land | 1.81 acres |
Property Description
We are pleased to present this great self storage opportunity in Lakeland, Florida. This 157 unit, 21,500 SF facility is being offered at a great price with a value added potentials of U-Haul and trailer, boat and truck parking in the rear of the property. On 2016 actual financials, the cap rate at list price is 6.79%. There are two retail spaces in the front office building that are occupied on longer term leases. West Memorial is undergoing an expansion and is expected to bring more growth along this corridor. There are 22 climate controlled units and 135 non-climate controlled units.
Location Description:
Located just off Highway 92 and only one mile from Interstate 4.
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Financials
Sales Info:
>> Commision split: 3.0%
