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5441 N Socrum Loop Rd
Off-Market Call for Pricing
Call for Pricing
- Units
- 6,480 Sq Ft
- 36,874 Sq Ft
- Unknown Cap Rate
Description
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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Owner
Do you own or manage this property?
This is My PropertyAmenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,300,000 |
| Property Type | Retail |
| Usable Sqft | 6,480 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1991 |
| Last Sold | January 21, 2025 |
| Sold Price | 2,200,000 |
| APN # | 242730000000013070 |
| MLS # | TB8307314 |
| Property ID | 319786122 |
| Lot Sqft | 36,874 |
| Zoning | Unknown |
| Date Updated | January 21, 2025 |
| Date Created | September 25, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Amanda LeGault an agent of . Lic #3506757
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of January 21, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT