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115 S Missouri Ave
Lakeland, FL 33815
Bldg 1 · Bureau Propriété À vendre
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Faits saillants de l'investissement
- Stable and Diversified Tenant Base: The property is leased to a diversified mix of state agencies, healthcare providers, and educational users.
- Institutional Scale with Ample Parking: The asset totals 107,512 square feet, and the site includes approximately 375 parking spaces.
- Strategic Central Florida Location: Lakeland’s position between Tampa and Orlando along the Interstate 4 corridor continues to attract employers.
- High Occupancy with Embedded Upside: Occupancy stands at 97.4 percent, providing immediate cash flow while preserving leasing flexibility.
- Strong In-Place Cash Flow: The property generates $1,795,764 of in-place net operating income and is offered at a market-driven price.
Résumé de l'annonce
Institutional Property Advisors is pleased to present 115 South Missouri Avenue, a 107,512-square-foot, multitenant office property located in Downtown Lakeland, Florida. The property is situated on approximately 4.8 acres within Lakeland’s Central Business District and benefits from convenient access to Interstate 4 and the broader Tampa-Orlando corridor.
The asset is 97.4 percent occupied and leased to a diversified mix of government, healthcare, education, and professional service tenants. The rent roll provides durable in-place cash flow with a weighted average lease term of approximately 4 years and 8 months, while maintaining flexibility through upcoming lease expirations that allow an investor to capture future rental upside.
115 South Missouri Avenue offers the opportunity to acquire an institutional-scale office asset in a growing Central Florida market supported by stable tenancy, limited downtown supply, and long-term employment drivers.
The asset is 97.4 percent occupied and leased to a diversified mix of government, healthcare, education, and professional service tenants. The rent roll provides durable in-place cash flow with a weighted average lease term of approximately 4 years and 8 months, while maintaining flexibility through upcoming lease expirations that allow an investor to capture future rental upside.
115 South Missouri Avenue offers the opportunity to acquire an institutional-scale office asset in a growing Central Florida market supported by stable tenancy, limited downtown supply, and long-term employment drivers.
Faits sur la propriété Sous contrat
Type de vente
Investissement
Type de propriété
Bureau
Taille du bâtiment
43 352 pi²
Classe d’immeuble
B
Année de construction
1960
Revenu net d’exploitation
2 462 280 $ CAD
Pourcentage loué
97%
Location
Multiples
Hauteur du bâtiment
5 étages
Superficie de plancher typique
8 670 pi²
Coefficient d’occupation des sols de l’immeuble
0,21
Taille du lot
4,80 AC
Zone de développement économique
Oui
Zonage
C-6 - Quartier commercial du centre-ville
Impôts fonciers
| Numéro de lot | 23-28-13-068500-011021 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 11 412 426 $ CAD |
Impôts fonciers
Numéro de lot
23-28-13-068500-011021
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
11 412 426 $ CAD
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