550 COMMERCE DR, LAKELAND, FL 33813

$5,250,000

Active · 0 days on market · MLS# MFRW7885772

Lot size2.71 acres
Year built2008
Property typeOffice
WaterfrontYes
Annual taxes$32,000
CountyPolk

About this home

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.

Listing courtesy of TOM Bible, VIP EXECUTIVE REALTY LLC. Presented by MC Homes Realty Inc · 727432218.

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