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    3540 Harden Blvd Lakeland, FL 33803

    For Sale
    $7,479,131

    High-yield, 100% occupied retail center.

    Property size:
    11,805 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents two adjacent, single-story shopping centers totaling 11,805 square feet, situated on a 1.57-acre lot in Lakeland, Florida. Built in 2018 and 2020, these properties boast a strong tenant roster including Kay Jewelers, Jersey Mike's Subs, and Great Clips, among six total tenants. The centers benefit from a 100% occupancy rate under long-term, triple-net (NNN) leases, ensuring a stable and predictable income stream. The asking price is $7,479,131, representing a compelling 5.75% cap rate and a price per square foot of $633.56. Located at 3540 and 3550 Harden Boulevard, the property enjoys high visibility along a major thoroughfare with a high average annual daily traffic count (AADT) of 40,000. The strategic outparcel location adjacent to a Target and Publix anchored shopping center further enhances its desirability. The property is zoned PUD Mixed, offering potential for future expansion or redevelopment. The Net Operating Income (NOI) is $430,050. This is a rare opportunity to acquire a stabilized, high-performing retail investment in a thriving Lakeland market. The property's two buildings are situated on separate parcels with APNs 232835138191001010 and 232835138191002010. The properties are not subject to a ground lease.

    Property Features for 3540 Harden Blvd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    11,805 SF

    Building Details

    Year Built
    2018
    Buildings
    2
    Stories
    1

    HighLights

    • $7,479,131 asking price for a stabilized, multi‑tenant retail shopping center.
    • 11,805 square feet, 100% occupied with six tenants including Kay Jewelers, Jersey Mike's Subs, and Great Clips.
    • NNN leases provide a stable income stream with a 5.75% cap rate and $430,050 NOI.
    • Located in Lakeland, Florida, on Harden Boulevard, with high visibility and traffic counts (40,000 AADT).
    • Outparcel to a Target and Publix‑anchored shopping center, across from Lakeside Village mixed‑use development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jersey Mike's Subs Sandwich Shop Great Clips Hair Salon Noire Spa And Nails ... Nail Salon Kay Jewelers Watch Store

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lakeland
    County
    Polk
    State
    Florida
    Longitude
    -81.97487602
    Latitude
    27.9999818

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    FAQs

    What type of property is this?
    Lifestyle center - High-yield, 100% occupied retail center.
    Where is this lifestyle center located?
    The property is located at 3540 Harden Blvd Lakeland, FL.
    What is the asking price?
    The asking price for this property is $7,479,131.
    What are key features of this property?
    This property features: $7,479,131 asking price for a stabilized, multi-tenant retail shopping center.; 11,805 square feet, 100% occupied with six tenants including Kay Jewelers, Jersey Mike's Subs, and Great Clips.; NNN leases provide a stable income stream with a 5.75% cap rate and $430,050 NOI.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3540 Harden Blvd Lakeland, FL 33803
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