37 & Drane Fld Rd Lakeland, FL 33803
Merchants Walk offers exceptional retail and restaurant space in a thriving South Lakeland location. This premier power center boasts a total of 236,522 square feet, featuring a diverse tenant mix. Currently, there is 2,888 square feet of vacant space available, divisible into units ranging from a minimum of 1,088 square feet to a maximum contiguous space of 1,800 square feet. The property is conveniently situated at the intersection of S. Florida Ave. (SR 37) and Drane Field Rd in Lakeland, Florida, zip code 33803. Ample parking is provided with 1,126 spaces available for customers and employees. The property is classified as a shopping center and is located in Polk County. This high-traffic location presents a unique opportunity for businesses seeking visibility and accessibility within a well-established retail environment. The available space is ideal for a variety of retail or restaurant concepts. Contact us today to learn more about this exciting opportunity.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.