3714 DMG Dr

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3714 DMG Dr

Lakeland, FL 33811
Asking Price
$2.40M
Asset Type
Office
Class
Class B

What's Special

3714 DMG Drive is located in the northern corridor of Lakeland, Florida, situated within a professional business park environment. The property offers immediate access to US Highway 98 and is positioned less than two miles from the Interstate 4 interchange, facilitating regional connectivity between Tampa and Orlando. The surrounding neighborhood features a mix of corporate offices, retail centers, and dining options. Its proximity to Lakeland Linder International Airport and local transit routes provides convenience for commuting staff and visiting clients. The property is designed for professional office use, featuring a layout conducive to administrative operations, medical consulting, or corporate services. Its location within a concentrated business district makes it an ideal fit for established firms seeking a central Florida hub or local service providers requiring accessibility. Typical tenants include legal practices, accounting firms, and regional satellite offices that benefit from the area’s suburban infrastructure and visibility.

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NOI
$80,000
Cap Rate
3.33%
DSCR
0.56
Underwater
Cash-on-Cash
-8.68%
Monthly Payment
$11,873.891
Annual Cash Flow
$-62,486.686

Location & Travel Times