833 N. Massachusetts Avenue, Lakeland, Florida 33801

Property: This is a .47-acre parcel located at 833 N Massachusetts Avenue built in 1956. Site is level with stabilized ground and has three covered areas. Currently property is a car lot with new lift, new central air, paint and flooring. This site has a 2,178 Sf can be used as retail /office space with many more permitted uses. Additionally, the property is within the Core Improvements, Midtown CRA & the Enterprise Zone. New investments, under certain conditions, may be eligible for preferential tax treatment. See page 5-6 for additional information.

Property permitted uses; retail, office, mini warehouse, thrift store, dollar stores, laundry establishment, pawn shop, office support retail, exercise, fitness, martial arts studio, liquor store, firearms sales, indoor gun range, barber shop, beauty salon, tattoo parlor, convenience store and many more uses.

Location: The site is directly across from The Collective at Mass Market which offers office stimulate connectivity, creativity, and productivity! HAUS 820 is also across the street and one of the first fully renovated historic warehouses in Central Florida to be turned into an event venue. The Yard on Mass directly west of the site offers food trucks and nighttime venue. Recently developed Lake Mirrorton apartments, three block to the south, offers 300 residential apartments to downtown Lakeland. Just a stone’s throw from Lake Mirror, all city offices, city parks, downtown retail and restaurants, banks, and urban living. The site features very easy access to I-4, both east and westbound, which is just a few miles to the north at exit 32. Current traffic counts along Massachusetts Avenue exceed 9000 vehicles per day.

 

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; a fact that is causing exponential growth in the area

History buffs and art lovers will enjoy the Polk Museum of Art in Lakeland, and flight enthusiasts can’t miss the annual SUN ‘n FUN Fly in. And do not forget Spring Training with the Detroit Tigers at the newly renovated Joker Marchant Stadium! In the heart of Lakeland’s downtown, Lake Mirror Park offers a historic promenade, amphitheater, and pedestrian walkways. Hollis Garden, found around the walkway, is a breathtaking formal garden that showcases more than 10,000 flowers and Florida indigenous plants. Make sure to dine at one of the over 30 restaurants in downtown, in what is quickly becoming the hottest restaurant scene in central Florida.

SALE PRICE: $549,000

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2322 Lakeland Hills Blvd., Lakeland, Florida 33805

Property: This is a 3,223 sf office building in the heart of the medical corridor now has a suite available for lease. Building currently has 2,004 SF suite available. Site has ample onsite parking, new paint and flooring. Excellent Monument signage available on Lakeland Hills Boulevard. Great location for administrative office.

Location: Site is in the medical corridor, just north of the CBD. Lakeland Hills Blvd is home to Lakeland Regional Health, Watson Clinic, R.I.S, Nemours Children’s Care, Johns Hopkins All Children’s Outpatient Care Lakeland, along with a host of support medical uses. Spring training home of the Detroit Tigers, Joker Marchant Stadium, is just a few blocks to the north. Access to I-4 is less than two miles to the north. Location is very accessible to all portions of Polk county and Central Florida.

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; a fact that is causing exponential growth in the area.

Suite 1: 2,004 RSF $18.00 NN

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230 N. Kentucky Avenue, Lakeland, Florida 33801

SALE/LEASEBACK INVESTMENT OPPORTUNITY

Property: This is a mixed-use property located in the CBD of Lakeland, Florida – one of the hottest real estate markets in the country. The four-story property features a retail, ground floor, income space currently occupied by a boutique gift shop that has been in place for five plus years. Second floor is an event venue complete with caterer’s kitchen, ample storage, private elevator access and private bridal suite. The residential portion of this property is spread across three levels and no expense was spared in its development (detail list available upon request). The residential portion includes a three-car garage on the ground floor with private alley access; third floor living space with four bedrooms, monster kitchen and 4.5 baths; and fourth floor 1300+ sf outdoor roof top deck and small interior lounge space. All spaces are connected by both elevator and stairwell access.

The Sommer building offers an investor a unique, complete turn-key investment for their portfolio. A 6.15% cap rate on this property, under our conservative proforma (available upon request), is based on current income and expenses projected forward for the new owner. With year one NOI projected at over $275,000, we feel that could be increased in coming years as this location is central to Tampa, Orlando and all that Florida has to offer. With over 1,000 people per day moving into Florida and its very favorable tax environment, investors from across the country are seeking opportunities such as this in our great state. There are over 10,000,000 people within a 100-mile radius of Lakeland.

Current owner will leaseback the residential portion of the property for one year after closing, and the first floor tenant is in a long-term, retail user with an in-place lease. Event space on second floor offers a host of income potential and has been underutilized as such in the past. Multiple local restaurateurs could manage the space, or an owner could handle in-house with ease.

There is no other comparable building in Polk county that offers this mixed use potential for an investor.

Sale Price: $4,295,000

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4460 Florida National Drive, Lakeland, Florida 33813

Property: This suite has 800 SF office available. This suite feature two offices, plus reception or open work space, and shared restrooms. All pricing includes utilities. See floor-plans for more details.

Location: Site is located in south Lakeland, at the end of Florida National Drive, which is directly behind Wells Fargo Bank at the intersection of S. Florida Avenue, and W. Highland Drive. The property has 15 parking spaces on site. Location is serene and quiet, located on a cul de sac.

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; a fact that is causing exponential growth in the area.

Lease Rate: Suite 4462-1 $1,200 per month

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612 Robin Road, Lakeland, Florida 33813

Property: This infill lot is in Central Lakeland in a five-unit small office complex, between Cleveland Heights Blvd and S. Florida Avenue. All parking and retention is currently in place. Site is ready to go vertical with your new office, which can be 3,000 sf. No restrictions on style or kind of property build. Association is only for maintenance of the common areas. CAM fee appx $1,400 per year. Due to prior settling site will require pilings or other structural support for the foundation, please refer to your GC for further details regarding construction and costs associated with
such. Current pricing reflects the additional costs for construction.

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. Lakeland is #2 in the 25 fastest Growing places in the U.S. There are over 10,000,000 people within a 100-mile radius of Lakeland; a fact that is causing exponential growth in the area.

Location: Located in Lakeland’s Cleveland Heights neighborhood. Clients from north and south Lakeland will have easy access to this site. Minutes from the Polk Parkway. Robing Road is located in central Lakeland and is close to busy S. Florida Avenue.

Sale Price: $99,000

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4175 S. Pipkin Road, Suite 105, Lakeland, Florida 33811

Property: 2,350 sf office space is located within an appx 40,000+/- sf commercial office park. This suite is located on the first floor. Suite has men’s/lady’s handicapped restrooms, five private offices, conference room, employee lounge, large reception/waiting area, large open work area with mechanical room & IT in the rear. There is a 10 x 10 roll up overhead door, grade level. Interior features, 10’ ceilings, ceramic tile in high traffic areas, acoustic tile ceilings, all glass entryway, 2” wood blinds, and T-8 hi efficiency lighting throughout.

Location: This property is located in the Parkway Corporate Center in SW Lakeland, within minutes of the Lakeland Linder Regional Airport and the Polk Parkway. Parkway Corporate Center is home to Marcobay Construction, Northwestern Mutual Life, Curry Controls, the Veteran’s Administration, and IOA Insurance.

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; a fact that is causing exponential growth in the area.

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231 N Kentucky Avenue Suite 222, Lakeland, Florida 33801

Property: The property is a second level office space. Current configuration is 6,200 SF set for a call center use, with room for up to 68 cubicles. Space currently has a larger server room, breakroom, conference/training room, and three private manager offices. Building has elevator access of north Kentucky Avenue, next to Mitchell’s coffee. Lots of natural light and additional outdoor shared break area is available. Parking is currently available. Ample street parking for visitors.

Location: This site is located in the heart of the CBD. Downtown Lakeland offers easy access to a plethora of restaurants, retail, banks, city offices and parks. 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; a fact that is causing exponential growth in the area.

Historical Information: The Bowyer building was constructed in 1902 and is the oldest commercial building still standing in Lakeland. Colonel Napoleon Bonaparte Bowyer commanded the 10th Virginia Cavalry, Army Northern Virginia in the Civil War. He moved with his family to Lakeland, Florida in 1885. He was the city’s third mayor and built the first brick and masonry commercial building, built in 1902 on the corner of E. Pine St. and N. Kentucky Ave., which bears his name to this day.

Lease Rate: $24.00 PSF Mod Gross – Available August 2023

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1201 E. Main Street, Lakeland, Florida 33801

Property: Corner Lot within the C-2/UCO (Urban Corridor District) land use. Permitted uses include, general office and retail use, gas station, kennels, laundry establishment, service and repair, restaurant, bar and lounge, liquor store. Entire site is high and dry in (flood zone X). Excellent site for development.

Location: This site is located just 7 miles south of I-4 in a heavily populated residential area with 81,000 people within a 10-minute drive time of site. Site is located at hard corner of E. Main Street and S. Parker Avenue within the Urban Corridor District with 11,900 VPD.

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; a fact that is causing exponential growth in the area.

Sale Price: $165,000

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2515 Orleans Avenue, Lakeland, Florida 33803

Property: 1,150 sf with in place zoning for office or retail use. Current plan is all open with one small office space. The space is set up to divide with a restroom for each side – occupy all; or part and have some income. Roof is 2 years old, 3.5 ton HVAC in place (appx. 10 years old), electric is on breakers, and plumbing has two water heaters. New LED lights just installed. Site is location in the city limits of Lakeland and has C2 zoning in place. Building signage in place. Parking is city provided, no time limit and free surrounding the enclave of businesses in this area.

Location: Directly across from Southgate Publix in Lakeland’s Lake Hollingsworth district. Clients from north and south Lakeland will have easy access to the site. Minutes from the Polk Parkway. Orleans Ave is located in a quaint shopping and services district of Lake Hollingsworth of the busy S. Florida Avenue.

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; a fact that is causing exponential growth in the area.

Sale Price: $315,000

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5354 US Hwy 98 North, Lakeland, Florida 33809

Property: This multi-Tennant plaza has one available suite. Free standing office has 2,900 SF with 9 private offices, open work area, waiting and reception, conference room, copy room, mail, IT, kitchen, coffee bar and private restroom. With ample onsite parking and monument signage available.

Location: This site is located just off US Hwy 98 North in Lakeland, Florida. Site has strong traffic counts at 45,500 VPD. Property is surrounded with numerous dining establishments, banking, and retail.

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; a fact that is causing exponential growth in the area.

Lease Rate: $13.00 NNN

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