3440 Us Highway 92 E

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3440 Us Highway 92 E

Lakeland, FL 33801
Asking Price
$5.70M
Asset Type
Retail
Class
Class B

What's Special

3440 US Highway 92 E is a retail property situated in the eastern corridor of Lakeland, Florida. The site is positioned along a high-traffic thoroughfare that serves as a primary link between Lakeland and Auburndale. The surrounding neighborhood is characterized by a mix of light industrial facilities, commercial plazas, and established residential communities. Local amenities include nearby automotive services, hardware suppliers, and quick-service restaurants. The property benefits from its proximity to major transportation routes, including the Polk Parkway and US Highway 98, facilitating regional access for commuters and logistics. The asset is suited for retail businesses requiring prominent street visibility and ease of access for customers. Ideal use cases include specialty retail, showroom space, medical office services, or neighborhood-scale convenience shopping. Typical tenants for this location include service-oriented providers, local retail franchises, and vocational training centers. The property’s layout and location cater to businesses that rely on consistent vehicle counts and a central position within the Lakeland-Winter Haven metropolitan area.

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NOI
$80,000
Cap Rate
1.40%
DSCR
0.24
Underwater
Cash-on-Cash
-15.11%
Monthly Payment
$28,200.49
Annual Cash Flow
$-258,405.88

Location & Travel Times