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5441 N SOCRUM LOOP ROAD
LAKELAND FL 33809 US

$2,300,000

Active Listing ID TB8307314
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Lot: 0.85 Acres
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Retail

$2,300,000

Active Listing ID TB8307314
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5441 N SOCRUM LOOP ROAD 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.

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Property Features

  • Facts
  • Lot Size: 0.85 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Retail
  • Features
  • Roof Type: Shingle

Property

  • propertytype: Commercial Sale
  • propertysubtype: Retail
  • listprice: 2300000
  • unparsedaddress: 5441 N SOCRUM LOOP ROAD
  • postalcity: LAKELAND
  • stateorprovince: FL
  • country: US
  • postalcode: 33809
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.85
  • lotsizeunits: Acres
  • lotsizearea: 0.85
  • livingarea: 6480
  • livingareaunits: Square Feet
  • latitude: 28.113117
  • longitude: -81.946097
  • listagentfullname: Amanda LeGault
  • listagentemail: amanda@nexthomegulfcoast.com
  • listagentkey: 3yd-PINELLAS-360608476
  • listagentmlsid: 360608476
  • listagentpreferredphone: 8478991991
  • listagentofficephone: 7272825151
  • listofficekey: 3yd-PINELLAS-260032023
  • listagentstatelicense: 3506757
  • listofficemlsid: 260032023
  • disclaimer: Copyright © 2024 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: PINELLAS
  • yearbuilt: 1991
  • listingcontractdate: 2024-09-25
  • countyorparish: Polk
  • parcelnumber: 24-27-30-000000-013070
  • constructionmaterials: Brick
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.9461, 28.113117
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"NEXTHOME GULF COAST", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"amanda@nexthomegulfcoast.com", "ListBrokerageCity":"Largo", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"NEXTHOME GULF COAST", "ListBrokeragePhone":"727-282-5151", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"161 6th St Sw", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"161 6th St SW", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Largo", "ListOfficeCountry":"US", "ListOfficeEmail":"tonyandersonrealtor@gmail.com", "ListOfficePostalCode":"33770", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Retail - LAKELAND, FL", "ListingURL":"https://listings.listhub.net/pages/PINELLAS/TB8307314/?channel=rexren", "MLSModificationTimestamp":"2024-10-17T09:13:08Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":16295.62, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/18/2024 11:07:25 PM GMT
Source Updated Date: 12/25/2024 6:47:41 AM GMT

Courtesy of: Amanda LeGault, NEXTHOME GULF COAST, amanda@nexthomegulfcoast.com

Copyright © 2024 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.