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5441 N Socrum Loop Road

Lakeland, FL 33809

$2,200,000

  • 6,480Sq Ft
  • $340Per Sq Ft
  • 0.85Acres
  • 1991Built
County
Polk
MLS®
TB8307314

Overview

Situated at a prime intersection in Lakeland, Florida, this Truist Bank benefits from a highly desirable location in one of Central Florida’s most vibrant markets. Built in 1991, the property is fully leased to Truist Bank (Fitch: A+). The absolute NNN lease features annual rent increases and includes six five-year renewal options. The tenant has already executed an early extension, with 3.3 years remaining on the lease term. Truist Bank is responsible for all on-site obligations, including roof and structure maintenance.

The site offers ample parking, mature landscaping, and a convenient four-lane drive-thru. It is positioned as an outparcel to the Publix-anchored Plantation Square shopping center and is adjacent to a newly renovated McDonald's.

Over the past two years, Lakeland has experienced significant growth, adding more residents than any other area in Florida, thanks to its strategic location between Tampa and Orlando along the Interstate 4 corridor. The Truist Bank is located just west of Interstate 4, providing excellent connectivity throughout Central Florida. This unique positioning has attracted major distribution and logistics companies such as Amazon, IKEA, UPS, Rooms to Go, and Publix Supermarkets. Ongoing industrial development along the Interstate 4 corridor is expected to further reinforce Lakeland’s status as a key distribution hub in the region.

Listing Snapshot

Price
$2,200,000
Days On Site
N/A
Bedrooms
N/A
Inside Area (SqFt)
6,480 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
0
Lot Size
0.85 Acres
Year Built
1991
MLS® Number
TB8307314
Status
Sold
Property Tax
$16,295.62 (2023)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records

Property Details

General Features

8 items
Acres
0.85
Foundation
Block
Levels
One
Number Of Stories
1
Property Sub Type
Retail
Sewer
Public Sewer
SqFt Total
6,480
Water Source
Public

Interior Features

1 item
Cooling
Central Air

Exterior Features

3 items
Construction Details
Brick
Road Frontage
City Street
Roof
Shingle

Community Features

5 items
Community Features
Curbs, Sidewalks
MLS Area
33809 - Lakeland / Polk City
Township
27
Financing Terms Available
Cash, Conventional, Trade, Special Funding
Roads
Asphalt, Paved

Location

5441 N Socrum Loop Road, Lakeland, FL 33809 · 33809 - Lakeland / Polk City

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Neighborhood & Commute

ZIP Code 33809

Median household income
$63,589
Income per person
$33,437
Households
15,099
Average household size
2.43
Median age
43.2

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Status changed to Closed
  3. Price changed to $2,300,000

Friends & Family

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Listing courtesy of NEXTHOME GULF COAST (847) 899-1991

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-14 01:07 AM EST

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