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550 COMMERCE DRIVE, Lakeland, FL 33813

  • $5,250,000
550 COMMERCE DRIVE, Lakeland, FL 33813
Canceled For Sale
550 COMMERCE DRIVE, Lakeland, FL 33813
550 COMMERCE DRIVE, Lakeland, FL 33813
  • $5,250,000

Overview

Property ID: HZW7885772
  • Office, Commercial Sale
  • Property Type
  • 15233
  • Sqft
  • 2008
  • Year Built

Description

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.

  • Address 550 COMMERCE DRIVE
  • City Lakeland
  • State/county FL
  • Zip/Postal Code 33813
  • Country US

Details

Updated on July 2, 2026 at 3:11 pm
  • Property ID: HZW7885772
  • Price: $5,250,000
  • Property Size: 15233 Sqft
  • Land Area: 2.71 Acres
  • Garage Size: x x
  • Year Built: 2008
  • Property Type: Office, Commercial Sale
  • Property Status: Canceled, For Sale

Additional details

  • Cooling: Central Air
  • County: Polk
  • Property Type: Commercial Sale

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