550 Commerce Drive

For Sale

550 Commerce Drive, Lakeland, FL 33813

This Lakeland property for sale is located at 550 Commerce Drive. The general use of 550 Commerce Drive is office and it incorporates 14,732 square feet of class B office space. Contact the listing broker for details on the current sale price for 550 Commerce Drive. 550 Commerce Drive is situated on a lot that is 2.71 acre in size.

Contacts

Michelle Bible

VIP Executive Realty

Property Details

  • Property Type Office
  • Property Size 14,732 SF
  • Lot Size 2.71 Acre
  • # of Floors 1
  • Average Floor Size 14,732 SF
  • Parking Spaces Avail. 103
  • Parking Ratio 7.00 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2008
  • Year Renovated 2014
  • Date Updated May 19, 2026
  • Construction Type Block

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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • From I-4, take County Rd 37 (Florida Ave S) south to Commerce Drive. SSA is behind the post office.
  • High renewal probability
  • Current lease expires May 2028
  • Contractual rent escalations
  • Predictable cash flow

Getting around

  • 30/100

    Walk Score ®

  • 42/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lakeland, FL
  • Neighborhood Lakeland Highlands
  • Zip Code 33813
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • Lakeland

    6.06 miles

  • Wawa

    0.57 miles

  • 7-Eleven

    1.17 miles

  • South Fuel Farm

    3.20 miles

  • Speedway

    3.38 miles

  • Mobil

    3.63 miles

  • Sam's Club Fueling Station

    3.78 miles

  • Circle K

    4.21 miles

  • Chevron

    4.51 miles

  • BP

    4.52 miles

  • Lakeland Supercharger

    9.63 miles

  • Adopotion Center Parking

    0.37 miles

  • Visitor Parking

    0.38 miles

  • Parking Lot J

    5.09 miles

  • Parking Lot B

    5.14 miles

  • Parking Lot C

    5.20 miles

  • Parking Lot BB

    5.21 miles

  • Parking Lot R

    5.25 miles

  • Blue Lot

    8.37 miles

  • Polk Parking Garage

    8.40 miles

  • Gow B. Fields Park & Ride

    8.63 miles

  • Courtyard by Marriott Lakeland

    2.89 miles

  • Residence Inn Lakeland

    2.94 miles

  • Holiday Inn Express & Suites Lakeland South

    3.06 miles

  • Hampton Inn and Suites Lakeland-South Polk Parkway

    3.09 miles

  • Home2 Suites

    3.14 miles

  • Hilton Garden Inn Lakeland

    4.04 miles

  • Staybridge Suites Lakeland West

    4.12 miles

  • SpringHill Suites

    5.69 miles

  • Hyatt Place

    5.75 miles

  • The Terrace Hotel

    5.91 miles

  • Publix

    1.41 miles

  • Winn-Dixie

    1.42 miles

  • Walmart Supercenter

    1.79 miles

  • Big Lots

    2.06 miles

  • Marshalls

    2.74 miles

  • Target

    2.85 miles

  • Belk

    2.97 miles

  • Kohl's

    3.08 miles

  • Bealls

    3.53 miles

  • Highland City Town Center

    4.99 miles

Contact Listing Broker
Michelle Bible

VIP Executive Realty

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.