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4407 US Highway 92 E
Lakeland, FL 33801 City of Lakeland

$5,510,000 USD

Warehouse For Sale  •  50,466 SF

Property Details

• Property Type Warehouse
• Total Building Size 50,467 SF
• Lot Size 4.47 AC
• Building Class C
• Year Built 1962
• Cap Rate 6.70 %
• Tenancy Multiple
• Zoning GI

0 Transit Score

20 Walk Score

Highlights

100% Occupied Multi-Tenant Industrial Asset with NNN leases – The property is fully leased to four complementary automotive and industrial tenants

Strong In-Place Cash Flow with 6.75-Year WALT – The asset features a weighted average lease term of approximately 6.75 years

Below-Market In-Place Rents Create Significant Upside – Average rents of just $7.32/SF are well below replacement cost

NNN Lease Structure – Tenants reimburse operating expenses, helping provide stable and predictable cash flow for ownership.

Attractive Basis at Approximately $109/SF – The offering presents an opportunity to acquire a functional 50,467 SF industrial asset

Growing Tenant – Classic Collision (67.27% of GLA) – The property is anchored by Classic Collision

Cap Rate:

6.70 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Charles Brown Auto Body

Public Transportation

Commuter Rail	Drive	Walk	Distance
Lakeland (Floridian - Amtrak)	10 min	-	5.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	14
Type:	Surface
Included in Rent:	Yes