5441 N SOCRUM LOOP ROAD, LAKELAND, FL 33809

Retail
THB ฿78,822,516
USD $2,300,000
Published on: 26 Sep 2024
Last updated on: 20 Dec 2024
5441 N SOCRUM LOOP ROAD, LAKELAND, FL 33809
5441 N SOCRUM LOOP ROAD, LAKELAND, FL 33809
5441 N SOCRUM LOOP ROAD, LAKELAND, FL 33809
+14
5441 N SOCRUM LOOP ROAD, LAKELAND, FL 33809
  • 14
Property ID: 110094787415
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Retail - LAKELAND, FL

5441 N SOCRUM LOOP ROAD, LAKELAND, FL 33809
Situated at a prime intersection in Lakeland, Florida, this Truist Bank benefits from a highly desirable location in one of Central Florida’s most vibrant markets. Built in 1991, the property is fully leased to Truist Bank (Fitch: A+).  The absolute NNN lease features annual rent increases and includes six five-year renewal options. The tenant has already executed an early extension, with 3.3 years remaining on the lease term. Truist Bank is responsible for all on-site obligations, including roof and structure maintenance.The site offers ample parking, mature landscaping, and a convenient four-lane drive-thru. It is positioned as an outparcel to the Publix-anchored Plantation Square shopping center and is adjacent to a newly renovated McDonald's.Over the past two years, Lakeland has experienced significant growth, adding more residents than any other area in Florida, thanks to its strategic location between Tampa and Orlando along the Interstate 4 corridor. The Truist Bank is located just west of Interstate 4, providing excellent connectivity throughout Central Florida. This unique positioning has attracted major distribution and logistics companies such as Amazon, IKEA, UPS, Rooms to Go, and Publix Supermarkets. Ongoing industrial development along the Interstate 4 corridor is expected to further reinforce Lakeland’s status as a key distribution hub in the region.

Property Details

Basic Info

Property Type
Retail
Listing Status
Active
Land Size
3,439.83 m2
Building Size
602.01 m2
Year Built
1991
Architecture Style
Other
County
Polk
Parcel ID
24-27-30-000000-013070
Provider
Pinellas Suncoast Association of REALTORS®, Inc.
Subdivision
ACREAGE
Brokerage Office Name
NEXTHOME GULF COAST
Brokerage Office Phone
727-282-5151
Address
5441 N SOCRUM LOOP ROAD, LAKELAND, FL 33809

Tax History

YearTax amount
2023USD $16295.62THB ฿558,462*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Amanda LeGault
NEXTHOME GULF COAST
161 6th St SW, Largo, FL 33770
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Amanda LeGault
161 6th St SW, Largo, FL 33770
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      Property ID: 110094787415

      Data provided by Pinellas Suncoast Association of REALTORS®, Inc., MLS #: TB8307314
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