Commercial Property Liquidation

Commercial Property Liquidation

Thursday, April 26, 2012  |  11:00 AM Eastern
Auction closed.
Commercial Property Liquidation

Commercial Property Liquidation

Thursday, April 26, 2012  |  11:00 AM Eastern
Auction closed.
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Description

Portfolio of 14 high quality income producing properties in Central Florida. Shopping Centers, Office Buildings, Warehouses and out parcels offered April 26th
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COURTYARD CENTER PLAZA - LAKELAND, FL

Lot # 12 (Sale Order: 1 of 14)      

4415 S. Florida Avenue, Lakeland, FL 33813


8,029± SF Center
2 buildings total
Just south of the Polk Parkway
New Pylon sign
Established location
Located on major North South artery of Lakeland
High traffic area
Surrounded by National Retailers
Occupancy 92%
2011 NOI $ 72,317.67
Polk County Parcel ID# 23-29-01-000000-022310
2011 Taxes $11,487.09

...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 675,000.00

You've been outbid  to onsite! to YOU!

Placing your bid. please wait...

OFFICE BUILDING - LAKELAND, FL

Lot # 13 (Sale Order: 2 of 14)      

520 S. Florida Avenue, Lakeland, FL 33801


8,000± SF Office Building
Occupancy 100%
Corner Lot
Downtown location with S. Florida Ave. signage
Near Lake Morton
Recently renovated facade and landscaping
Parking in front and rear
Over 35,000 cars/day
2011 NOI $ (2,340.64)
Parcel ID# 24-28-19-218500-001010
2011 Taxes $9,744.87

...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 550,000.00

You've been outbid  to onsite! to YOU!

Placing your bid. please wait...

HERITAGE CENTER - LAKELAND, FL

Lot # 14 (Sale Order: 3 of 14)      

2230, 2240, 2250 Commerce Point Drive, Lakeland, FL 33801


66,675± SF Center
Situated on 5± acres
3 buildings total
Building 1 30,500± SF
Building 2 24,175± SF
Building 3 12,000± SF
Office, warehouse & showroom space
Corner of US 98 & Commerce Point Dr.
Excellent visibility on US 98
Pylon signage
Occupancy 82%
2011 NOI $ 267,565.64
Polk County Parcel ID# 24-28-28-000000-023020
2011 Taxes $31,197.03

...more

Bid Not Accepted!

Bid Accepted!

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PASSED

You've been outbid ! to YOU!

This lot was not sold.

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Reserve Not Met

PARK HILL SQUARE - LAKELAND, FL

Lot # 15 (Sale Order: 4 of 14)      

4648 - 4688 E. CR 540-A, Lakeland, FL 33813


18,200± SF Center
Building 1 - 13,200± SF
Building 2 5,000± SF
Corner of US 98 & 540A
Signalized intersection
Pylon signage
Occupancy 87%
2011 NOI $ 130,275.58
Parcel ID# 24-29-13-282023-000010 (Lot 1-main plaza)
2011 Taxes - $16,249.73
Parcel ID# 242913282023000020 (Lot 2-bldg 2)
2011 Taxes - $7,187.57
Parcel ID# 242913282023000030 (Tract A, retention)

...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 1,400,000.00

You've been outbid  to onsite! to YOU!

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PALM CENTER - LAKELAND, FL

Lot # 16 (Sale Order: 5 of 14)      

4226-4331 S. Florida Avenue, Lakeland, FL 33813


132,000± SF Center
Situated on 12.1± acres
Big Lots anchored
Easy access to Polk Parkway
High visibility
High traffic counts
Tenants include Big Lots, Beall's Outlet, Tuesday Morning, Cici's Pizza and Palm Cinema Theater
Occupancy 72.4%
2011 NOI $ 423,374.77
Parcel ID# 23-29-01-000000-021020
2011 Taxes - $ 58,325.75
Parcel ID# 23-29-01-000000-021190
2011 Taxes - $8,007.37

...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 3,450,000.00

You've been outbid  to onsite! to YOU!

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WABASH SHOPPING CENTER - LAKELAND, FL

Lot # 17 (Sale Order: 6 of 14)      

2021 George Jenkins Blvd., Lakeland, FL 33815


70,487± SF Center
NE Corner of Wabash Ave and George Jenkins Blvd.
Adjacent to New CVS
Across from Publix Corporate Centers
Grocery anchored (Sav-A-Lot)
Occupancy 61.4%
2011 NOI $ 255,110.80
Polk County Parcel ID# 23-28-14-078000-001012
2011 Taxes $ 24,692.90

...more

Bid Not Accepted!

Bid Accepted!

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PASSED

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This lot was not sold.

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Reserve Not Met

HIGLAND SQUARE - LAKELAND, FL

Lot # 18 (Sale Order: 7 of 14)      

2116 E. CR 540A, Lakeland, FL


20,022± SF Center
NW corner of Lakeland Highlands Rd and CR 540A
Established Location
Watson Clinic anchored
Across from Publix, CVS and Walgreens
Adjacent to McDonalds
Assumable loan
Occupancy 100%
Polk County Parcel ID # 24-29-17-285000-006402
2011 Taxes $ 17,846.49
Polk County Parcel ID # 24-29-17-285000-006403
2011 Taxes - $ 9,479.39
2011 NOI $ 332,403.44

...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 3,000,000.00

You've been outbid  to onsite! to YOU!

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CENTER STATE BANK BUILDING - LAKELAND, FL

Lot # 19 (Sale Order: 8 of 14)      

500 S. Florida Avenue, Lakeland, FL 33801


80,000± SF office building
Corner of S. Florida Ave. & Walnut Street
Attached Parking Garage
Great Lake Morton views
Excellent downtown location
Tenants include CC&L Attorneys, Center State Bank, Adamero & Lakeland Regional
Occupancy 73.1%
2011 NOI $
Polk County Parcel ID# 24-28-19-218500-002010
2011 Taxes $ 85,773.98

...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 5,000,000.00

You've been outbid  to onsite! to YOU!

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K-MART BUILDING - LAKELAND, FL 33813

Lot # 20 (Sale Order: 9 of 14)      

4717 S. Florida Avenue, Lakeland, FL 33813


114,500± SF Building
Fronts directly on S. Florida Ave.
Big Box Tenant (Kmart)
Assumable loan
Kmart has over 7 years remaining on initial lease term
Occupancy 100%
2011 NOI $ 738,209.54
Polk County Parcel ID# 23-29-12-000000-011020
2011 Taxes $ 78,155.64

...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 4,700,000.00

You've been outbid  to f****l! to YOU!

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SILVERTHORN SQUARE - SPRING HILL, FL

Lot # 21 (Sale Order: 10 of 14)      

14215 Powell Road, Spring Hill, FL 34609


28,820± SF Center
Great visibility
Adjacent to Pristine Place
Signalized intersection
High growth area of Hernando County
Occupancy 70%,br>2011 NOI $ 272,346.24
Hernando County Parcel # R10 223 18 3497 0000 0010
2011 Taxes $ 42,283.97

...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 4,000,000.00

You've been outbid  to onsite! to YOU!

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COMMERCIAL BUILDING - LAKELAND, FL

Lot # 22 (Sale Order: 11 of 14)      

813 N. Lake Parker, Lakeland, FL 33801


7,700± SF Building
Just off Memorial Blvd.
0.41± acre Corner lot
Single tenant
Fully leased to Sunrise Community
Occupancy 100%
2011 NOI $ 32,952.38
Polk County Parcel ID# 24-28-17-193500-003011
2011 Taxes $ 3,940.62

...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 300,000.00

You've been outbid  to onsite! to YOU!

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WAREHOUSE - LAKELAND, FL

Lot # 23 (Sale Order: 12 of 14)      

2005 Edenfield Place, Lakeland, FL 33801


16,000± SF Building
Situated on a 1.14± acre lot
Occupancy 50%
2011 NOI $ 20,550.67
Polk CountyM
Parcel ID# 24-28-28-247011-000032
2011 Taxes $ 7,230.90

...more

Bid Not Accepted!

Bid Accepted!

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PASSED

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This lot was not sold.

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Reserve Not Met

3 WAREHOUSE BUILDINGS - LAKELAND, FL

Lot # 24 (Sale Order: 13 of 14)      

765, 825 & 835 Creative Drive, Lakeland, FL 33813


3 buildings totaling 29,400± SF
Building 1 9,750± SF
Building 2 11,550± SF
Building 3 8,100± SF
Excellent South Lakeland Location
Occupancy 86%
2011 NOI $ 69,757.48
Polk County Parcel ID #23-29-13-140830-000070
2011 Taxes $ 3,613.53 (Bldg 1)
Polk County Parcel ID # 23-29-13-000000-034030
2011 Taxes $ 6,127.70 (Bldgs 2 & 3)

...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 620,000.00

You've been outbid  to onsite! to YOU!

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3 WAREHOUSE BUILDINGS - LAKELAND, FL

Lot # 25 (Sale Order: 14 of 14)      

503 Brannen Road, Lakeland, FL 33813


3 Warehouses totaling 36,450± SF
Warehouse 1 12,150± SF
Warehouse 2 11,850± SF
Warehouse 3 11,880± SF
Excellent South Lakeland Location
Occupancy 74%
2011 NOI $ 85,232.37,br>Polk County Parcel ID # 23-29-13-000000-014130
2011 Taxes $ 8,248.85
Polk County Parcel ID # 23-29-13-000000-014150
2011 Taxes $ 3,803.65

...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 430,000.00

You've been outbid  to onsite! to YOU!

Placing your bid. please wait...

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