1050 Sharon Drive- Infill Lot- For Sale

1050 Sharon Drive, Lakeland, Florida 33809

Property: Vacant, level site, all dry, utilities available .75’ of frontage and 162’ deep, .28 acres.

Location: Site is located just North of I-4, and just east of US 98, adjacent to the newly developed Shoppes of Lakeland featuring tenants such as; Dick’s Sporting Goods, Old Navy, PetSmart, Ross, Ashley’s Furniture, Five Below, Olive Garden, Fords Garage, Michaels, TJmaxx, Target, Esporta and more. Currently county land use is RAC, and site will need to go through a rezoning, as it was recently annexed into the city limits, and has yet to be zoned. Expect C-2 zoning, as is the case with many neighboring properties.

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: $225,000


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160 Fitzgerald Road, Lakeland, Florida 33813


160 Fitzgerald Road, Lakeland, Florida 33813

 

Property: This is an exceptional freestanding 4,500 sf office space built in 2008. Downstairs offers a very open configuration with two large offices spaces, large conference room, break room with custom built cabinets, high ceilings, with can lighting. Three backdoor entrances one of which is double door with ramp for deliveries. There is also an unfinished 2nd story that is ready to be built out giving you an additional 2,150 sf. Not only is this a great space it also offers ample parking.

Location: Site is located in south Lakeland, in the South Lakeland Office Park, which is off signalized intersection of South Florida Avenue and Fitzgerald. The property has plenty of parking within this professional office condominium park.

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: $1,200,000

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0 Sleepy Hill Road

0 Sleepy Hill Road, Lakeland, Florida 33810

 

Property: The Shoppes of Sleepy Hill will be breaking ground end of 2Q23, with an expected vanilla shell delivery date of 4Q23.  This beautiful retail center will feature four, 5,000 sf buildings. Each building will offer suite sizes from 1,000-5,000 sf., in 1,000 sf increments. Some outdoor area can be made available for al fresco dining options. Almost 130,000 people within five miles of the site!

Location: Project will be located at the hard corner of Sleepy Hill and Mall Hill Roads in north Lakeland, directly across from Terra Largo subdivision and in front of Hampton Hills Subdivision – surrounded by homes! Site is just off US98 North and joins area retailers such as Chic-fil-A, Outback, Olive Garden, Beef O’ Brady’s Ollies, Hobby Lobby, Chili’s and tons more. 13,000 VPD pass this site.

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: $25.00 per sf, NNN

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231 N Kentucky Avenue Executive Suite

231 N Kentucky Avenue, Lakeland, Florida 33801

Property: This signature 30,000 sf property situated at the NE corner of Kentucky and Pine Street is home to some of Lakeland’s most established and iconic downtown retail merchants, including Mitchell’s Coffee Shop, The Embroidery Mill & Boutique & K&M Beadworks. Second floor offers one executive office suites at this time with 352 sf including utilities, internet, common area maintenance, conference room, elevator access and parking.

Location: Excellent downtown location, truly in the heart of the retail/commercial district. Excellent location with Munn Park, restaurants, banks retail, city offices and other amenities within easy walking distance. Building is in the downtown CRA and historic districts. Very easy access to I-4 or Polk Parkway, both are 3+/- miles away.

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: Suite 210- $895

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2126 E. Edgewood Drive Lakeland, Florida 33803

2126 E. Edgewood Drive, Lakeland, Florida 33803

Property: This is an exceptional building has 950 Sf space with two private offices large open work area, private restroom and storage closet. Pylon and building signage available.

Location: Site is located in central Lakeland, on East Edgewood Drive. Great location between Lakeland Highlands Road and Bartow Highway. Easy access to all parts of Lakeland and the Polk Parkway.

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: $20.00 Mod Gross

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2126 & 2128 E. Edgewood Drive, Lakeland, Fl 33803 (FOR SALE)

2126 & 2128 E. Edgewood Drive, Lakeland, Florida 33803

 

Property: This exceptional location has two office buildings with a total 8,588 sq ft of rentable space. 2126 E. Edgewood has three units, one of which the current owner occupies and will lease back or vacate as desired by buyer. 2128 E. Edgewood is currently leased to a single tenant. All leases are short term with below market rents allowing upside for new buyer. Property is located within the city limits of Lakeland and is on city sewer and water. Site has a large monument sign with excellent exposure to the over 21,000 VPD passing this site. Projected proforma puts returns
over 7% on this excellent investment opportunity.

Location: Great location on Edgewood Drive between Lakeland Highlands Road and Bartow Highway. This property is centrally located.

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.

Sales Price: $1,781,000

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833 N Massachusetts Avenue

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: $449,000

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2322 Lakeland Hills Blvd.

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 For Sale Mixed Use

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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Florida National Drive- For Lease

4460 Florida National Drive, Lakeland, Florida 33813

Property: This property has two suites available each with 800 SF office. Each 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
Suite 4462-2 $1,200 per month

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