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ONE LAKELAND SQUARE- FOR LEASE4120 US. Hwy 98 N. , Lakeland, FL 33809
Jack Strollo, CCIM, CPMVice President, [email protected]
Phone: (863) 683-3425 ● Fax: (863) 683-1066 ● 100 S Kentucky Ave, Suite 290 ● Lakeland, FL 33801 ● www.resbroadway.com
PROPERTY HIGHLIGHTS
30 MINUTES TO TAMPA●
30 MINUTES TO ORLANDO●
ONE MILE FROM I-4 Exit 32●
10 MINUTES FROM DOWNTOWNLAKELAND
●
PROFESSIONAL, MULTI TENANTBUILDING, AMPLE, ONSITEPARKING
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Table of Contents
Property Description .............................................................. 3
Property Photos ...................................................................... 4
Property Photos ...................................................................... 5
Floor Plan ................................................................................ 6
Regional Map .......................................................................... 7
Aerial Map ................................................................................ 8
Location Map ........................................................................... 9
Demographics ......................................................................... 10
PROPERTY DESCRIPTIONOne Lakeland Square- For Lease4120 US. Hwy 98 N. | Lakeland, FL 33809
Jack Strollo, CCIM, CPMVice President, [email protected]
One Lakeland Square | Multi Tenant Office/Retail Property: 12,000 sq. ft. Class A building in a very high traffic count location 30 minutes from both Tampa and Orlando,1Mile from I-4 at exit 32 and 10 minutes from Downtown Lakeland. There are five office suites, ample parking and anexpansive common lobby area. The property currently has one office suite available, Suite 100 at 3,100 rsf. Previouslyoccupied by BayCare, this is the perfect opportunity for a professional office, doctor’s office, medical specialist, eyespecialist, or dentist, as IMA Medical & Wellness, a large internal medicine clinic, is the anchor tenant. Suite isindependently metered for water and electric, and nicely appointed with a large waiting room/reception, open workspace area, office with private bathroom, two separate client/patient bathrooms, employee kitchen and lounge, threerooms currently utilized as exam rooms, a second private office, file room, procedure room with separate lab. CurrentTenants include ADT Security, IMA Medical & Wellness Center, and Advance Spine & Wellness. 6:1000 parking ratio. Location: Site is an outparcel to Lakeland Square Mall, located along US Hwy 98 North & Sleepy Hill Road. Just onemile off I-4 at Exit 32, between Hobby Lobby and Chase Bank, and across from Outback Steakhouse! TerraLargoresidential development recently constructed over 600 homes within one mile of this property on Sleepy Hill Road. Don’tmiss this rare opportunity, as this property is a prime location for your business due to the high traffic volume created bythe surrounding retail! 120,000 population within a 5-mile radius and a traffic count of 45,000 VPD. Very central locationfor easy access to/from Tampa and Orlando areas.
Area: The population of the Lakeland-Winter Haven MSA, which includes all of Polk County, has grown by 33.4% since2000 reaching a population of approximately 645,000 people. The population is projected to continue growing at anannual rate of 1.5% over the next five years as the area continues to gain ground as a key transport and logistics hubfor 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 32 miles east of Tampa, the 18th largest MSA in the US, and 54 milesfrom Orlando, the 26th largest MSA in the US. Incorporated in 1885, Lakeland is the largest city in the MSA with justover 100,000 residents. Lakeland is strategically positioned in the heart of the I-4 corridor “SuperRegion”, which iscomprised 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 hasaccess to 500,000 students at three major research universities, numerous colleges, community colleges and technicalschools. According to the BLA, 1n 2015, U.S. employment grew 2.0%. Among mid-sized metros, the highestpercentage growth is found in Lakeland-FL (4.2%).
LEASE RATE: Base Rent $9 psf + $4.00 psf NNN
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PROPERTY PHOTOSOne Lakeland Square- For Lease4120 US. Hwy 98 N. | Lakeland, FL 33809
Jack Strollo, CCIM, CPMVice President, [email protected]
Property Photos
Office Open Work Area
Kitchen Lobby
Reception Office
Page 4
Property Photos
Floorplan
Reception / Waiting
Open Work Area
Kitchen Lab
Pro
ce
du
re
Ro
om
Storage
Restroom
Office Exam Room
Exam Room
Exam Room
Office
Restroom
Restroom
REGIONAL MAPOne Lakeland Square- For Lease4120 US. Hwy 98 N. | Lakeland, FL 33809
Jack Strollo, CCIM, CPMVice President, [email protected]
Page 7
AERIAL MAPOne Lakeland Square- For Lease4120 US. Hwy 98 N. | Lakeland, FL 33809
Jack Strollo, CCIM, CPMVice President, [email protected]
Page 8
LOCATION MAPOne Lakeland Square- For Lease4120 US. Hwy 98 N. | Lakeland, FL 33809
Jack Strollo, CCIM, CPMVice President, [email protected]
Page 9
DEMOGRAPHICSOne Lakeland Square- For Lease4120 US. Hwy 98 N. | Lakeland, FL 33809
Jack Strollo, CCIM, CPMVice President, [email protected]
Population 1 Mile 3 Mile 5 Mile
Male 3,860 (45.16 %) 24,305 (47.08 %) 60,046 (47.74 %)
Female 4,687 (54.84 %) 27,316 (52.92 %) 65,720 (52.26 %)
Total Population 8,547 51,621 125,766
Age Breakdown 1 Mile 3 Mile 5 Mile
Ages 0-4 431 (5.04 %) 3,337 (6.46 %) 7,960 (6.33 %)
Ages 5-9 535 (6.26 %) 3,986 (7.72 %) 9,565 (7.61 %)
Ages 10-14 517 (6.05 %) 3,612 (7.00 %) 8,672 (7.61 %)
Ages 15-19 443 (5.18 %) 3,338 (6.47 %) 8,195 (6.52 %)
Ages 20-24 350 (4.10 %) 3,171 (6.14 %) 7,929 (6.30 %)
Ages 25-29 355 (4.15 %) 3,035 (5.88 %) 7,620 (6.06 %)
Ages 30-34 429 (5.02 %) 2,970 (5.75 %) 7,330 (5.83 %)
Ages 35-39 441 (5.16 %) 2,855 (5.53 %) 7,087 (5.64 %)
Ages 40-44 447 (5.23 %) 2,829 (5.48 %) 7,170 (5.70 %)
Ages 45-49 428 (5.01 %) 2,833 (5.49 %) 7,426 (5.90 %)
Ages 50-54 380 (4.45 %) 2,718 (5.27 %) 7,321 (5.82 %)
Ages 55-59 354 (4.14 %) 2,665 (5.16 %) 7,004 (5.57 %)
Ages 60-64 340 (3.98 %) 2,534 (4.91 %) 6,387 (5.08 %)
Ages 65-69 392 (4.59 %) 2,409 (4.67 %) 5,761 (4.58 %)
Ages 70-74 497 (5.81 %) 2,274 (4.41 %) 5,155 (4.10 %)
Ages 75-79 598 (7.00 %) 2,106 (4.08 %) 4,591 (3.65 %)
Ages 80-84 592 (6.93 %) 1,803 (3.49 %) 3,843 (3.06 %)
Ages 85+ 1,018 (11.91 %) 3,146 (6.09 %) 6,750 (5.37 %)
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DEMOGRAPHICSOne Lakeland Square- For Lease4120 US. Hwy 98 N. | Lakeland, FL 33809
Jack Strollo, CCIM, CPMVice President, [email protected]
Household Income 1 Mile 3 Mile 5 Mile
Median Income $57,229 $41,657 $40,830
Less than $10,000 183 1,684 3,510
$10,000 -$14,999 299 1,567 3,576
$15,000 - $19,999 194 1,560 3,617
$20,000 -$24,999 278 1,599 3,608
$25,000 - $29,999 193 1,281 3,021
$30,000 - $34,999 171 1,200 2,895
$35,000 - $39,999 267 1,474 3,135
$40,000 - $44,999 248 1,178 2,966
$45,000 - $49,999 186 1,025 2,440
$50,000 - $59,999 359 1,824 4,521
$60,000 - $74,999 652 2,606 5,643
$75,000 - $99,999 343 1,606 5,015
$100,000 - $124,999 228 1,037 2,601
$125,000 - $149,999 38 321 1,009
$150,000 - $199,999 49 233 729
Greater than $200,000 97 158 411
Housing 1 Mile 3 Mile 5 Mile
Housing Units 4,346 23,890 60,523
Occupied Units 3,775 20,890 51,549
Owner Occupied Units 1,591 11,800 31,989
Renter Occupied Units 2,184 9,090 19,560
Vacant Units 571 3,000 8,974
Race Demographics 1 Mile 3 Mile 5 Mile
Population Non Hispanic White 6,141 32,598 90,389
Population Black 1,360 14,922 25,909
Population Am In/Ak Nat 3 21 113
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