0 Lakeland Park Ctr Dr. & Nebraska Ave Lakeland, FL 33809
Lakeland Park Center offers an exceptional retail investment opportunity in the thriving Lakeland, Florida market. This power center boasts a total of 239,580 square feet across two suites, with 20,000 square feet currently available for lease. Situated on a 0.56-acre lot at the intersection of Lakeland Park Center Drive and Nebraska Avenue, the property benefits from high visibility and accessibility, directly abutting the Shoppes of Lakeland. The center enjoys a prime location with excellent traffic counts due to its proximity to US-98 and I-4. This established center features a strong tenant mix including national big box and junior anchors such as Dick's Sporting Goods, Ross Dress for Less, Northern Tool + Equipment, Esporta, Floor & Décor, PetSmart, Old Navy, Ulta, Shoe Carnival, and Five Below. The property's strategic location and impressive tenant roster provide a stable foundation for future growth and profitability. Furthermore, multiple outparcels are available for development, presenting additional opportunities for expansion and value creation. This is a rare chance to acquire a significant retail presence in a high-demand area of Polk County, Florida, with a zip code of 33809. The property is classified as Commercial Retail with multiple tenancies.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.