2888 W US Hwy 90 Lake City, FL

This multi-tenant retail center is located at the signalized hard corner of Southwest Real Terrace and West U.S. Highway 90, offering excellent access and visibility with a traffic count of 42,000 vehicles per day. U.S. Highway 90 serves as Lake City’s primary retail corridor, connecting it to major metropolitan areas such as Jacksonville and Tallahassee. The property is half a mile from Interstate 75, Florida’s main north-south freeway, which experiences high traffic volume from tourists and commercial vehicles. Situated in Lake City’s high-traffic, leading retail area, the property is surrounded by major national tenants, including Walmart Supercenter, Lowe’s, and Home Depot. Lake City Mall, anchored by Belk, JCPenney, Michaels, and T.J.Maxx, is within walking distance and features national retailers such as Bath & Body Works and Hibbett Sporting Goods. The mall is the only enclosed mall in its primary trade area, serving residents of multiple counties. The property is 100% leased with strong brand tenants under absolute NNN leases. It features a Dunkin’ Donuts drive-thru and two outdoor seating areas, one for Dunkin’ Donuts and one for Five Guys Burgers & Fries. Scheduled rental increases are in place for initial terms and option periods. There are 55 parking spaces, including three handicap spaces. The surrounding retail corridor includes national tenants such as Walmart Supercenter, Panera Bread, Wendy’s, and TD Bank.