Managing Director

Ross Crabtree

Executive Managing Director

Luke Pope

Associate, Brokerage

Ben Easton

Associate

Cole Broussard

Vice President, Brokerage

Tim Lisy

Robert Tamillo

Situated at 536 SE Baya Rd in the thriving market of Lake City, FL, this industrial property offers a prime investment opportunity backed by the security of a 7-year sale-leaseback guaranteed by Rentokil North America, Inc. (NYSE: RTO), a corporation with an investment-grade BBB credit rating from both S&P and Fitch. Spread across 1.70 acres, including two parcels at 536 and 588 SE Baya Rd, this site provides ample flexibility for various industrial outdoor storage (IOS) applications. Zoned RO, the property is strategically positioned to accommodate a range of operational needs, blending functionality with exceptional long-term potential.Lake City’s central location and growing economy amplify the appeal of this asset, which is ideally suited for businesses looking to expand or investors seeking stable returns. The established tenant and extended lease commitment ensure consistent cash flow, supported by the credibility of an internationally recognized entity. Whether you’re enhancing your portfolio or embarking on a strategic expansion, this industrial property stands out as a solid, secure option. Its unique zoning and generous parcel size make it adaptable for specialized uses while meeting the demands of today’s evolving industrial market. This is a rare chance to leverage both location and tenant strength to unlock sustained value.

Offering

7 year sale-leaseback guaranteed by Rentokil North America, Inc. (NYSE:RTO). Investment-grade BBB credit rating from S&P and Fitch

1.70 acres (2 parcels including 588 SE Baya Dr)

Zoned RO

Ideal for IOS

Washington, D.C.

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[[buildingClasses.options]]
value="C"
label="C"
[[buildingClasses.options]]
value="Unclassified"
label="Unclassified"
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title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
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[propertySubTypes]
title = "Office property subtype"
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value = "office"
label = "Office"
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[[propertySubTypes.options]]
value = "medical"
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value = "creative"
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[[propertySubTypes.options]]
value = "mixed-use"
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[[propertySubTypes.options]]
value = "lab"
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value = "lab-biotech"
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[[propertySubTypes.options]]
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[[propertySubTypes.options]]
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[[propertySubTypes.options]]
value = "light-manufacturing"
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[[propertySubTypes.options]]
value = "freestanding-retail"
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[[propertySubTypes.options]]
value = "showroom"
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value = "shopping-center"
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[[propertySubTypes.options]]
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value = "warehouse"
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[[propertySubTypes.options]]
value = "special-purpose"
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[[propertySubTypes.options]]
value = "mall"
label = "Mall"
[[propertySubTypes.options]]
value = "light-distribution"
label = "Light Distribution"
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value = "student-housing"
label = "Student Housing"

Sale - Office - Additional Filters

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label="A"
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[[propertySubTypes.options]]
value = "power-center"
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[[propertySubTypes.options]]
value = "mall"
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[[propertySubTypes.options]]
value = "shopping-center"
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Rent - Retail - Additional Filters

title="Size"
disclaimer="Approx. 100 SF = 1 desk"
[[metric]]
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[min.10000]
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[min.20000]
  feet="20,000"
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[min.30000]
  feet="30,000"
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[min.50000]
  feet="50,000"
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[min.70000]
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[min.100000]
  feet="100,000"
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[min.250000]
  feet="250,000"
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[max]
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  desks=100
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Default - Office - Surface

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Rent - Multifamily - Additional Filters

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Rent - Default - Price

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Sale Additional Filter

Rent Additional Filters

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[[propertySubTypes.options]]
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Sale - Industrial - Additional Filters

Rent - Office - Additional Filters

Sale - Retail - Additional Filters

Rent - Industrial - Additional Filters

[buildingClasses]
title="Building Class"
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value="Trophy"
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value="A"
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label = "Apartments"
[[propertySubTypes.options]]
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label = "Conventional"
[[propertySubTypes.options]]
value = "student-housing"
label = "Student Housing"
[[propertySubTypes.options]]
value = "condo"
label = "Condominium"
[[propertySubTypes.options]]
value = "active-adult"
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Sale - Multifamily - Additional Filters

[buildingClasses]
title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
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value="C"
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[[buildingClasses.options]]
value="Unclassified"
label="Unclassified"
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title="Sublease"
[[isSublease.options]]
value="true"
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value="false"
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Default - Default- Additional Filters

title="Size"
disclaimer=""
[[metric]]
key = "acres"
tabLabel = "acres"
unitLabel= "ac"

[min]
[min.1]  
value=0.1
[min.2]  
value=0.2
[min.3]  
acres=0.25
value=0.25
[min.4]  
acres=0.5
value=0.5
[min.5]
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[min.6]  
value=1.5
[min.7]
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value=2
[min.8]
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[min.9]
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[min.10]
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[min.11]
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value=10

[max]
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[max.9]
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[max.10]
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value=5
[max.11]
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value=10

Default - Land - Lot Size

title="Size"
disclaimer=""
[[metric]]
key = "feet"
tabLabel = "SF"
unitLabel= "SF"

[min]
[min.50]  
  feet=50
  value=50
[min.200]
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[min.500]
  feet=500
  value=500
[min.1000]
  feet="1,000"
  value=1000
[min.2000]
  feet="2,000"
  value=2000
[min.5000]
  feet="5,000"
  value=5000
[min.7000]
  feet="7,000"
  value=7000
[min.10000]
  feet="10,000"
  value=10000
[min.20000]
  feet="20,000"
  value=20000
[min.30000]
  feet="30,000"
  value=30000
[min.50000]
  feet="50,000"
  value=50000
[min.70000]
  feet="70,000"
  value=70000
[min.100000]
  feet="100,000"
  value=100000
[min.250000]
  feet="250,000"
  value=250000

[max]
[max.5]  
  feet=50
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[max.200]
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[max.500]
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[max.2000]
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[max.5000]
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[max.10000]
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[max.100000]
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Default - Default - Surface

title="Price"
metric="label"
unitLabel=" "
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[min.150000]
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[min.250000]
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[min.500000]
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[min.1000000]
  label="$1,000,000"
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[min.2500000]
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[min.5000000]
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[min.10000000]
  label="$10,000,000"
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[min.25000000]
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[min.50000000]
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[max]
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[max.25000000]
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[max.50000000]
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Default - Default - Price

Broker Inquiry

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536 SE Baya Rd

Offering

Location

Floor plan

Brochure

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