LAKELAND, FL 33809 5441 N Socrum Loop ROAD

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Presented By: NEXTHOME GULF COAST with 727-282-5151. - 727-282-5151
  • MLS# TB8307314
  • 09/25/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 3,425

Home Details

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.
Presented By: NEXTHOME GULF COAST with 727-282-5151. - 727-282-5151

Interior Features for 5441 N Socrum Loop ROAD

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Total Stories1

General for 5441 N Socrum Loop ROAD

Additional Parcels Y/NNo
Building Area Unitssquare feet
Building Featuresbathrooms, drive-through, trash removal
Citylakeland
Community Featurescurbs, sidewalks
Construction Materialsbrick
Coolingcentral air
Countypolk
Days on Market
Directionsexit 33, head right on the ramp for fl-33 toward lakeland. keep right, heading toward lakeland regional cancer center / lakeland / marchant stadium. turn right onto n socrum loop rd
Flood Zone Codex
Home Owner AssocYes
Legal Descriptioncomm at nw cor of ne1/4 run n 88 deg 34 min 08 sec e 195 ft s 00 deg 11 min 14 sec w 150 ft for pob thence s 44 deg 48 min 46 sec e 128 ft s 45 deg 11 min 14 sec w 135.90 ft run swly along curve 39.2
Levelsone
Living Area Unitssquare feet
Lot Size Square Feet36874
Lot Size Unitssquare feet
MLS Area33809 - lakeland / polk city
ModificationTimestamp2024-09-25t17:34:44.037z
New ConstructionNo
Occupancy Typetenant
Percent Ownershipsole proprietor
Property Conditioncompleted
Property SubTyperetail
Property Typecommercial sale
Roofshingle
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Nameacreage
Tax Annual Amount16295.62
Tax Year2023
Termscash, conventional, trade, other, special funding
View Y/NNo
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1991

Exterior for 5441 N Socrum Loop ROAD

Building Area Total6480
Foundation Detailsblock
Lot Size Acres0.85
Lot Size Area36874
Number of Buildings1
Parking Features19 to 30 spaces
Road Frontage Typeaccess road, city street
Road Responsibilitypublic maintained road
Road Surface Typeasphalt, paved
Water Sourcepublic

Additional Details

Price History

Worth Clark

Price $2,500,000
MLS#TB8307314
List Date 09/25/2024
Property Type Commercial
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