Amazon Lakeland

An industrial property in Lakeland, Florida. Securitized in 1 CMBS deal in 2017.

$88.0MAppraised value (latest deal)
$5.0MUnderwritten NOI
5.6%Implied cap rate
Address
1760 County Line Road, Lakeland, FL 33811
Property type
Industrial · Warehouse
Year built
2014
Size
1,016,080 SF
Sponsor
Jonathan Tratt
Largest tenant
Amazon.com.dedc

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BANK 2017-BNK62017-07-27$88.0M$5.0M5.6%$30.0M72.0%1.65x424B

Historical NOI reported in BANK 2017-BNK6

Period endingNOI
3/31/2017 TTM$4.2M
12/31/2016$4.4M

More CMBS properties in Florida →

Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.