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605 W Brannen Rd, Lakeland, FL, 33813

Small-Bay Multi-Tenant Investment
$1,150,000

Key Information

Cap Rate
8%
$ per SF
$143
Tot. SF
8,000
$ per unit
$191,667
Units
6
Year Built
1979/2005
Type
Industrial
NOI
$92,000

Highlights

  • Small-Bay Multi-Tenant Configuration: Predominantly ±1,000 SF units (except Units 1 & 2) support a diverse tenant base. Small-bay users are typically considered essential and recession-resilient, promoting long-term occupancy stability.
  • Flexible Investment Structure: Ownership is willing to execute a six-month sale-leaseback at closing, providing immediate cash flow. Remaining tenants are on annual leases with 10-day termination clauses, offering optionality for owner-occupancy.
  • Recent Capital Improvements: Ownership has invested in upgrading both office and warehouse areas. The clean, functional condition supports immediate use or lease-up, as reflected in interior photos.
  • Strong Market Fundamentals: Located in a submarket with 4.4% annual rent growth and limited sub-±100,000 SF supply, the property benefits from high demand and leasing potential.
  • Strategic Polk County Location: Just off FL-37 (25,000 AADT), the site offers direct access to major transportation routes, ideal for logistics, service, and distribution tenants.

Photos

Location

Agents

Financing Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews
1600 West End Ave, Ste. 1500 Nashville, TN 37203