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Geneva Lake · Lakeland Office

Lakeland, FL

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Geneva Lake · Lakeland Office
Asset Class
Office
Market
Lakeland, FL
Total SF
71,190
Acquired
8/2017
Sold
10/2020
Purchase Price
$7,200,000
Sale Price
$9,800,000
Net LP IRR
27.0%

Citizens Bank & Trust Building, located at 402 S Kentucky Ave, consists of over 71,190 SF of prime Class A office space located on over 3.3 acres overlooking Lake Morton. The building has an impressive occupancy rate of over 97% and has a strong tenant mix of government-sponsored agencies and local/regional financial, engineering and law-related tenants. The Property is located within the city of Lakeland, just 32 miles from Tampa and 54 miles from Orlando, in Polk County (Florida' s 8th largest county).

Figures per Geneva Performance Overview, September 2026. Net LP IRR is deal-level and net to limited partners.

Past performance is not indicative of future results. This is neither an offer to sell nor a solicitation of any offer to buy any securities. Unless otherwise indicated herein, all information is current as of the date specified. Investing in the Fund contains risks, including the risk of loss of your entire investment. The Fund may not be suitable for all investors, and an investor should contact pertinent tax, legal, and financial advisors prior to investing in the Fund. Geneva Income Opportunity Fund I LP does not own the properties presented on this website.