550 COMMERCE DR, LAKELAND, FL, 33813
$5,250,000
Commercial Sale
Lot Size
118,048 Sqft
This offering presents a rare opportunity to acquire a mission-critical asset leased to the U.S. General Services Administration (GSA), providing investors with secure, long-term income backed by the full faith and credit of the federal government. Strategically positioned within a growing Florida market, the asset offers both income stability and potential long-term upside supported by favorable regional fundamentals. This investment is particularly attractive for buyers seeking a passive, low-management asset with institutional-grade tenancy. The strength of a GSA lease, combined with the property’s functional design and established occupancy, creates a compelling opportunity to secure a high-quality government-backed income stream. The Tenant has invested over $800,000 improving the property over the last 6 years, therefore there is a high likelihood they will desire renewal, but they have no option in the lease, leaving it up to the investor to renegotiate or reposition the asset as medical use/surgery center for the greatest return.
Property Details
Property Features Property Features
MLS ID: MFRW7885772 Year Built: 2008
Construction Materials: Concrete, Stucco Cooling: Central Air
Country: US County Or Parish: Polk
Foundation Details: Slab Listing Agreement: Exclusive Right To Sell
Property Sub Type: Office Property Type: Commercial Sale
Road Frontage Type: County Road Road Surface Type: Asphalt
Showing Requirements: 24 Hour Notice, Appointment Only, Call Listing Office, Do Not Contact Tenants Special Listing Conditions: None
Standard Status: Active State Or Province: FL
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