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Net Lease

Synergy Equipment | New 10-Yr. Corporate Lease

2702 Drane Field Rd, Lakeland (Tampa MSA), FL 33811

Listing Price: $2,592,000

Cap Rate
6.25%
Lot Size
2.03 acres
Year Built
1999
Rentable SF
6,750

Investment Overview

Marcus & Millichap is pleased to present the Synergy Equipment in Lakeland, FL.

Investment Highlights

  • New 10-Year Lease with 10% Increases Every 5 Years
  • Corporate Guaranty with Strong Financials, 19 Locations in Michigan, Alabama, Florida, and Georgia
  • Landlord Responsible for Roof and Structure Only
  • Dense Tampa Suburb, Over 136,000 Residents in Immediate Trade Area
  • Strategic Location at the Epicenter of the Thriving I-4 Corridor, Ideally Positioned Between Orlando and Tampa
  • Booming Central Florida Economy with Nation Leading Population, Job, and Wage Growth
  • Average Household Income Exceeds $72,000 within a 1, 3, and 5-Mile Radius
  • Just Off Polk Parkway, a Major East/West Artery with 35,000 Cars/Day

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Net Lease

Synergy Equipment | New 10-Yr. Corporate Lease

Listing Price: $2,592,000

Cap Rate
6.25%
Lot Size
2.03 acres
Year Built
1999
Rentable SF
6,750

Investment Highlights

  • New 10-Year Lease with 10% Increases Every 5 Years
  • Corporate Guaranty with Strong Financials, 19 Locations in Michigan, Alabama, Florida, and Georgia
  • Landlord Responsible for Roof and Structure Only
  • Dense Tampa Suburb, Over 136,000 Residents in Immediate Trade Area
  • Strategic Location at the Epicenter of the Thriving I-4 Corridor, Ideally Positioned Between Orlando and Tampa
  • Booming Central Florida Economy with Nation Leading Population, Job, and Wage Growth
  • Average Household Income Exceeds $72,000 within a 1, 3, and 5-Mile Radius
  • Just Off Polk Parkway, a Major East/West Artery with 35,000 Cars/Day

Investment Overview

Marcus & Millichap is pleased to present the Synergy Equipment in Lakeland, FL.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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