Furniture Warehouse NNN Investment

For Sale

2440 US Highway 98 N, Lakeland, FL 33805

This Lakeland property for sale is located at 2440 US Highway 98 N. The current listed sale price for Furniture Warehouse NNN Investment is $4,950,000. Furniture Warehouse NNN Investment is situated on a lot that is 4.17 acre in size.

Contacts

broker

Augie Schmidt

SVN | Saunders Ralston Dantzler

(863) 774-7133

Property Details

  • Property Type Industrial - Showroom - Industrial
  • Property Size 45,061 SF
  • Units 1
  • Lot Size 4.17 Acre
  • Year Built 1973
  • Date Updated Apr 24, 2024
  • HVAC None
The subject property is located less than 1 mile from Interstate 4 at Exit 32. This exit is Lakeland’s primary ingress/egress to the Interstate. Situated perfectly between Tampa and Orlando, this property is well-positioned to actively serve all of Central Florida and the I-4 corridor. Locally, it sits next to the Lakeland Square Mall, major retailers such as Lowes, Home Depot, Target, and the Lakeland Regional Hospital.The Furniture Warehouse NNN Investment Property is strategically located less than 1 mile from Interstate 4 at Exit 32. This exit is Lakeland’s primary ingress/egress to the Interstate and located directly between Tampa and Orlando. This property is currently leased to a strong Regional Tenant with 7 locations, Interior Fusion LLC. There is a true NNN lease in-place that expires at the end of September 2027 with no options. The building consists of one retail showroom that’s approximately 8,500 SF and has 12’ clear ceilings. There’s a 2nd showroom that is more of a warehouse style with taller ceilings (roughly 18’ clear heights) that is an additional 8,260 SF. There is also an office space that’s roughly 2,460 SF. The remaining warehouse space is roughly 28,000 SF and has (4) four dock-high doors measuring 10' X 10' and (4) four additional drive-in doors measuring 12' X 13'. There is heavy power at this property with 3 phase electric, 240 volts, and 2,500 amp service run throughout. This building is the only one of its kind on this street, with industrial zoning in a Mixed Commercial Corridor. There is ample space in-front and around the building for potential lay-down yard. We believe this property will be a great addition to an investor’s portfolio.

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Highlights

  • Less than 5 minutes from I-4
  • Close proximity to Lakeland Regional Hospital
  • Across the street from Home Depot
  • Highly desired Industrial zoning in the Mixed Commercial Corridor
  • Large 1.88 acre lay down yard
  • (8) Eight doors, (4) dock high, and (4) drive-in
  • 3 Phase 240 Volt, 2,500 Amp electrical service
  • Large front facing windows
  • Tall 18' warehouse clear height
  • Current tenant has 7 locations statewide

Attachments

Getting around

  • 58/100

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  • 59/100

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Location

  • City Lakeland, FL
  • Neighborhood Paul A Diggs
  • Zip Code 33805
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • Lakeland

    2.06 miles

  • 7-Eleven

    0.45 miles

  • BP

    1.61 miles

  • 7-Eleven

    1.93 miles

  • Exxon

    2.06 miles

  • Murphy USA

    3.10 miles

  • 7-Eleven

    3.28 miles

  • Hess

    3.76 miles

  • Sunoco

    3.80 miles

  • Mobil

    4.40 miles

  • Speedway

    4.65 miles

  • Inside Out

    4.71 miles

  • Lake Miriam Car Wash

    7.00 miles

  • Time to Shine Car Wash

    9.39 miles

  • McDonald's

    0.32 miles

  • Long John Silver's

    0.57 miles

  • Bob Evans

    0.65 miles

  • Denny's

    0.69 miles

  • Burger King

    0.73 miles

  • Waffle House

    0.81 miles

  • Hooters

    1.05 miles

  • McDonald's

    1.08 miles

  • Steak 'n Shake

    1.18 miles

  • Sonny's BBQ

    1.26 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Augie Schmidt

SVN | Saunders Ralston Dantzler

(863) 774-7133