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5216 Florida Ave S, Lakeland, FL 33813

New retail development with drive-thru and restaurant space available.

Space Size2,550 SF
Property Size3,870 SF
Days on Market1140

Property Features for 5216 Florida Ave S

General Information

Standard status Active
Size 2,550 SF
Class A
Total Parking Spaces 53
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 3,870 SF
Year Built 2023
Tenancy Multiple

Spaces For Lease

at 5216 Florida Ave S Contact us

5216 S Florida Ave

Size
2,550 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Saunders Real Estate
Listed By: Lauren Smith, CCIM, CPM · License #FLBK3235233
Source: Crexi
Added: Jun 28, 2023 Changed: Aug 8 Last Checked: Aug 8 at 4:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Saunders Real Estate

Investment Insights

Based on property information with market context.

This new retail development features a 1,400 square foot drive-thru Digital Dunkin' Donuts and a 2,470 square foot Chicken Salad Chick restaurant. The second phase of construction includes an additional free-standing building with 2,550 square feet of available space. The shared parking lot provides a total of 53 parking spaces and multiple access points for entry and exit.

Key Highlights

  • Brand new retail development (built in 2023)
  • Includes a 1,400 SF drive thru only Digital Dunkin' Donuts and a 2,470 SF Chicken Salad Chick restaurant
  • Second phase includes a free standing building with 2,550 SF available

Property Analytics

Current Use

Roofers of Lakeland FL Roofing Company

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery Hotel & Motel Food Market Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

908
Businesses Nearby
368k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Superstores 32% Shops & Services 18% Apparel 5%
Walmart Superstores
117,001 visits/mo 0.4 miles
McDonald's Dining
30,566 visits/mo 0.4 miles
IHOP Dining
25,746 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
17,967 visits/mo 0.4 miles
Cheddar's Scratch Kitchen Dining
16,273 visits/mo 0.3 miles

Demographics for 33813, FL

36,448
Population
14,787
Households
2.5
Avg Household Size
42
Median Age
39%
College-Educated
94%
High-School Grad
21.0 sq mi
ZIP Area
1,736
Density / Sq Mi
$96,723
Median Household Income
$50,581
Median Earnings
$1,637
Median Rent
$330,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - New retail development with drive-thru and restaurant space available.
Where is this drive through restaurant located?
The property is located at 5216 Florida Ave S Lakeland, FL.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Brand new retail development (built in 2023); Includes a 1,400 SF drive thru only Digital Dunkin' Donuts and a 2,470 SF Chicken Salad Chick restaurant; Second phase includes a free standing building with 2,550 SF available
More about this property
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