4705 Old Hwy. 37, Lakeland, Florida 33813
Property: This six-building office park in South Lakeland has recently been purchased and remodeled by the new owners. There are currently two buildings available for lease, one at 5000 ft.², and one at 10,000 ft.². Both offer floor plans that feature a mix of private offices, conference rooms, reception areas, and open work space. Spectrum fiber optics have been brought to each building. The campus itself is completely fenced and has beautiful mature landscaping. There is ample on-site parking.
Location: Site is located on Old Hwy 37 in South Lakeland. Location is 1.5 miles south of the Polk Parkway toll road allowing for easy access from either Orlando or Tampa areas. Property is one block west of South Florida Ave., South Lakeland’s major retail corridor work, and just a short ride to a vast selection of restaurants, retail, and banking.
Area Information: Lakeland is located approximately 35 miles east of Tampa and 55 miles southwest of Orlando along Interstate I-4. The city is home to Florida Southern College, Florida Polytechnic University, Southeastern University, Polk Community College, and Publix. Lakeland is showing positive job growth and offers a lower cost of living than area other areas along the I-4 corridor. There are over 10,000,000 people within a 100-mile radius of Lakeland and a workforce of 3.4 million. Within the same 100-mile radius, Polk County has access to 500,000 students at three major research universities, numerous colleges, community colleges and technical schools. According to the BLA, 1n 2015, U.S. employment grew 2.0%. Among mid-sized metros, the highest percentage growth is found in Lakeland-FL (4.2%). The population of the Lakeland-Winter Haven MSA, which includes all of Polk County, has grown by 33.4% since 2000 reaching a population of approximately 645,000 people. The population is projected to continue growing at an annual rate of 1.5% over the next five years as the area continues to gain ground as a key transport and logistics hub for Florida. The City of Lakeland is located in the Lakeland-Winter Haven MSA, which incorporates all of Polk County, the 8th largest county in Florida. Lakeland is strategically positioned in the heart of the I-4 corridor “SuperRegion”, which is comprised of Lakeland-Winter Haven MSA, Tampa-St. Petersburg-Clearwater MSA, and Orlando MSA. Within a 100- mile radius reside 8.6 million people and a workforce of 3.4 million. Within the same 100-mile radius, Polk County has access to 500,000 students at three major research universities, numerous colleges, community colleges and technical schools. According to the BLA, 1n 2015, U.S. employment grew 2.0%. Among mid-sized metros, the highest percentage growth is found in Lakeland-FL (4.2%).
Lease Rate: $13 per rsf, modified gross.
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