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4500 South Frontage Road

Off-Market

4500 South Frontage Road, Lakeland, FL 33815

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  • Property Type Industrial
  • Property Size 87,368 Sqft
  • Lot Size 26.3 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1984

Location

  • City Lakeland, FL
  • Zip Code 33815
  • Market Tampa St Petersburg Clearwater

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 12 Mar, 2019
  • Purchase Price $7,000,000
  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Lakeland

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Lakeland Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $19.20
  • 2020 Office Vacancy Rate 6.35%
  • 2020 Office Completions (Sqft) 33,000
View more Lakeland market trends

Tax

  • Property Tax in 2020 $55,859
  • Market Value $3,859,342
  • Assessed Value $3,859,342

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 4500 South Frontage Road?

4500 South Frontage Road totals 87,368 square feet.

When was this property built?

4500 South Frontage Road was built in 1984.

When was 4500 South Frontage Road last sold?

4500 South Frontage Road was last sold on 12 Mar, 2019.

What was the last purchase price for 4500 South Frontage Road?

4500 South Frontage Road was last sold for $7,000,000.

What is the property tax for 4500 South Frontage Road?

The property tax for 4500 South Frontage Road in 2020 was $55,859.

What is the market value for 4500 South Frontage Road?

The market value for 4500 South Frontage Road in 2020 was $3,859,342.

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