Craulio De La Cruz Henriquez
REALTOR®
SQUARE FEET15,233
MLS#W7885772
STATUSActive
PROPERTY TYPECommercial - Office
Property Description
This offering presents a rare opportunity to acquire a mission-critical assetleased to the U.S. General Services Administration (GSA), providing investorswith secure, long-term income backed by the full faith and credit of the federalgovernment. Strategically positioned within a growing Florida market, the assetoffers both income stability and potential long-term upside supported byfavorable regional fundamentals. This investment is particularly attractive forbuyers seeking a passive, low-management asset with institutional-grade tenancy. The strength of a GSA lease, combined with the property's functional design and established occupancy, creates a compelling opportunity to secure a high-quality government-backed income stream. The Tenant has invested over $800,000 improving the property over the last 6 years, therefore there is a high likelihood they will desire renewal, but they have no option in the lease, leaving it up to the investor to renegotiate or reposition the asset as medical use/surgery center for the greatest return.
Property Features
Property Type: Commercial - Office
Cooling: Central Air
Lot Size: 2.71 Acres
Taxes: $32,000
Year Built: 2008
Feature Descriptions
Directions: From I-4 south on Florida Ave South 2.8 miles to Commerce Dr. on the left. Building is directly behind the post office
Exterior: Concrete, Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 2.71
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Office
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Office, Do Not Contact Tenants
Special Sale Provisions: None
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: VIP EXECUTIVE REALTY LLC
Agency Contact: 813-475-6019
Shown By
Agent Name: Craulio De La Cruz Henriquez
Agent Phone: (813) 623-2800
Agency Title: Florida Executive Realty
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550 Commerce Drive | MLS# W7885772
This commercial property located at 550 Commerce Drive , Lakeland, FL 33813 is currently listed for sale with an asking price of $5,250,000. Search Lakeland real estate on cdelacruzhenriquez.floridaexecutiverealty.com today.