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INVESTMENT HIGHLIGHTS
- .21 acres of additional parking.
- AADT of 29,500 (2024)
- High Visibility on S Florida
EXECUTIVE SUMMARY
Positioned in the heart of Lakeland’s thriving medical and retail corridor, this 2,059 SF medical office offers a rare opportunity for investors seeking stability and long-term upside. The property sits on a generous 0.58-acre parcel along Florida Avenue (SR-37), delivering exceptional visibility to approximately 29,000 vehicles daily. Fully leased through 2027, it provides immediate income security while allowing flexibility for future occupancy strategies.
The building’s efficient layout and ample parking make it ideal for healthcare providers or professional office users. Its location places it minutes from Lakeland Regional Health and downtown Lakeland, ensuring convenient access for patients and staff alike. Surrounded by strong demographics—over 177,000 residents within five miles and average household incomes exceeding $70,000—the property benefits from a robust and growing population base. This strategic positioning within an established growth corridor enhances long-term appreciation potential.
*Property consists of 2 parcels. Building totals 2,059 sf (mol) on .37 acre allowing for amble parking. Building is highly visible with a traffic count of 29,500 AADT (2024). Current tenant's lease expires June 2027.*
The building’s efficient layout and ample parking make it ideal for healthcare providers or professional office users. Its location places it minutes from Lakeland Regional Health and downtown Lakeland, ensuring convenient access for patients and staff alike. Surrounded by strong demographics—over 177,000 residents within five miles and average household incomes exceeding $70,000—the property benefits from a robust and growing population base. This strategic positioning within an established growth corridor enhances long-term appreciation potential.
*Property consists of 2 parcels. Building totals 2,059 sf (mol) on .37 acre allowing for amble parking. Building is highly visible with a traffic count of 29,500 AADT (2024). Current tenant's lease expires June 2027.*
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,400 SF
Building Class
C
Year Built
1960
Price
$1,348,796 CAD
Price Per SF
$562.00 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,400 SF
Building FAR
0.15
Lot Size
0.37 AC
Zoning
Commercial/Industrial - Zoned for Commercial use
Parking
15 Spaces (6.25 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- RX Body Prescriptives
- Health Care and Social Assistance
- 2,000 SF
- -
- Jun 2027
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| RX Body Prescriptives | Health Care and Social Assistance | 2,000 SF | - | Jun 2027 |
1 1
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $165,392 CAD | Total Assessment | $465,584 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$165,392 CAD
Improvements Assessment
$0 CAD
Total Assessment
$465,584 CAD
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1625 S Florida Ave
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