1535 Kendrick Ln Lakeland, FL 33805
This exceptional Class A flex space, totaling 30,000 square feet, presents a unique investment opportunity in Lakeland, Florida. Located on 1.84 acres at 1535 Kendrick Ln, 33805, this property boasts a prime location with high visibility and traffic counts due to its proximity to the I-4 and Kathleen Road entrance. The single-story building, scheduled for completion in April 2025 (groundbreaking September 2024), features a 25.5-foot ceiling height, ample parking, and is zoned for Industrial (I-1) use. With three units available at $2,500,000 each, the asking price for the entire 30,000 square foot property is $7,500,000. The versatile space is ideal for various uses, including distribution, flex space, and sports/entertainment ventures. Its high ceilings, ample parking, and prominent location make it an excellent choice for businesses seeking to enhance their brand presence and capitalize on high market demand. The property is currently vacant and offered under a NNN lease type. This is a rare opportunity to acquire a brand-new, high-quality industrial space in a rapidly growing area. Invest in a location that offers unparalleled visibility and accessibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.