McLane Distribution Center

Logistics | Lakeland, FL

Logistics facility located in the highly sought-after distribution submarket of Lakeland, FL, situated between Tampa and Orlando.

Investment Details

Property Type
Logistics
Location(s)
Lakeland, FL
Square Feet
211,113 sq. ft.

Transaction Details

Acquired
2021
Purchase Price
$27.3 million
Ownership %
100%

Investment Details

Property Type
Logistics
Location(s)
Lakeland, FL
Square Feet
211,113 sq. ft.

Transaction Details

Acquired
2021
Purchase Price
$27.3 million
Ownership %
100%

Logistics facility located in the highly sought-after distribution submarket of Lakeland, FL, situated between Tampa and Orlando.

Asset Highlights

warehouse
The facility consists of over 211,000 sq. ft. of space, with 25% dedicated for a freezer/cooler component, situated on 13 acres of land featuring clear heights up to 28’, 35’ to 40’ column spacing, ample dock-high loading, and trailer parking.
Keys
The property is fully leased to McLane Company, one of the largest supply chain service leaders in the country, with over 10 years of remaining lease term.
Grocery store
Tenant has occupied the property for 50 years, providing a grocery and foodservice solution for convenience stores, mass merchants, drug stores and well-established chain restaurants.

Location Highlights

Highway
Benefits from direct access to several essential state transportation highways, including Polk Parkway/I-4 interstate, I-75, I-95 and the Florida Turnpike.
Proximity
The facility is strategically positioned between Tampa and Orlando, two of Florida’s largest and fastest-growing metropolitan areas.
people
Located near one of the fastest-growing warehouse and distribution hubs in the state, with proximity to densely populated areas of Florida and the Southeast.
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McLane Distribution Center map