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Corner Retail Property
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NWC of US Hwy. 98 Florida Ave. & 10th Street, Lakeland, FL 33805

Corner retail asset on the northwest corner of US Hwy. 98 and 10th Street, offered with a reported 4.75% cap rate.

Property Size4,920 SF
Days on Market129

Property Features for NWC of US Hwy. 98 Florida Ave. & 10th Street

General Information

Standard status Active
Size 4,920 SF
Property subtype Retail

Additional Details

Cap Rate 4.75%
Listing Agency: Marcus & Millichap - San Diego
Listed By: Phil Sambazis · License #01474991
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 12:20AM

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 Marcus & Millichap - San Diego

Investment Insights

Based on property information with market context.

This for-sale retail property is located on the northwest corner of US Hwy. 98 (Florida Ave.) and 10th Street in Lakeland, Florida. The offering is described as a 4,920 SF retail asset.

The property’s location is established at the intersection of US Hwy. 98 (Florida Ave.) and 10th Street, providing a corner configuration suited to retail occupancy. The public remarks also list a 4.75% cap rate for the property.

Additional details on the specific interior layout, tenant status, or improvements are not provided in the available information.

Key Highlights

  • Retail property with a reported 4.75% cap rate
  • Corner retail asset on the northwest corner of US Hwy. 98 and 10th Street
  • 4,920 SF retail building

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Electrical Service Kitchen & Bath Showroom Carpet & Flooring Store Catering Service Garden Center

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

Location Intelligence

Trade Area within ½ mile

2,073
Businesses Nearby
39k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 79% Dining 13% Electronics 6% Home Improvements & Furnishings 1%
Circle K Shops & Services
24,503 visits/mo 0.1 miles
Church's Chicken Dining
5,243 visits/mo 0.5 miles
AutoZone Shops & Services
3,734 visits/mo 0.3 miles
Metro by T-Mobile Electronics
2,427 visits/mo 0.5 miles
Napa Auto Parts Shops & Services
1,313 visits/mo 0.3 miles

Demographics for 33805, FL

26,954
Population
11,908
Households
2.3
Avg Household Size
36
Median Age
17%
College-Educated
82%
High-School Grad
26.0 sq mi
ZIP Area
1,037
Density / Sq Mi
$55,565
Median Household Income
$35,077
Median Earnings
$1,179
Median Rent
$173,800
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Corner retail asset on the northwest corner of US Hwy. 98 and 10th Street, offered with a reported 4.75% cap rate.
Where is this retail space located?
The property is located at NWC of US Hwy. 98 Florida Ave. & 10th Street Lakeland, FL.
What are key features of this property?
This property features: Retail property with a reported 4.75% cap rate; Corner retail asset on the northwest corner of US Hwy. 98 and 10th Street; 4,920 SF retail building
(858) 373-3100 Call to check price and availability
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