Retail Space / Florida / Lakeland / 33813 / 4525 Florida Avenue South

4525 Florida Avenue South

Q: What is the asking price for 4525 Florida Avenue South in Lakeland?

The asking price for 4525 Florida Avenue South is $6,625,000

Q: What is the building size of this Retail property in Lakeland, FL?

The size of the building/unit at 4525 Florida Avenue South in Lakeland is 40,980 square feet.

Q: How much land does the Lakeland, FL property at 4525 Florida Avenue South include?

4525 Florida Avenue South in Lakeland includes 4.150 acres of land.

Q: What is the population within 1 mile of 4525 Florida Avenue South?

The population within 1 mile of 4525 Florida Avenue South Lakeland, FL 33813 is 8,110 people.

Q: Who do I contact for questions about 4525 Florida Avenue South?

You should contact the listing agent, Joshua Lass-Sughrue, for any details regarding this commercial listing.

Lakeland, FL 33813

Listing ID: 250523

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Building Size: 40,980 SF

Lot Size: 4.150 AC

Land Size: 180,774 SF

Building $/SF: $161.66

Land $/SF: $36.65

Price

$6,625,000

Property Highlights

Below Market Rents

8.04 CAP on Current Income $532,852 NOI Pro Forma NOI $650,000 to $750,000 Pro Forma CAP 10 to 11

Excellent Demographics

Recent Roof Replacements

Recent Lease Extensions from Major Tenants

Long Term Tenants Pandemic Proof

Description

Alamo Plaza is a 40,980 square foot multi-tenant shopping center located at 4525 S Florida Avenue in Lakeland, Florida.? Alamo Plaza has frontage on S Florida Avenue a major thoroughfare in Lakeland Florida with traffic counts of over 40,000 vehicles daily and across the street from one of the highest grossing Chic Fil A stores in the state of Florida.? The property is price at an 8.04% CAP on current income and has an excellent mix of service related tenants such as Fed Ex and Plato's closet.? Family Martial Arts, Plato's Closet and Belle La Vie have all recently executed lease extensions stabilizing the property for year to come.? Finally, Alamo Plaza is priced well below replacement cost at $162/sf and offers an investor a stable well located retail asset on a major thoroughfare over an 8.0% CAP at below replacement cost.?

Attachments & Files

alamoplazaflyer-8IV-Qc3.pdf

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Tampa History of Retail Space for Sale

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Listing Demographics for 4525 Florida Avenue South Lakeland, FL 33813

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		8,110	63,312	145,789
Population Median Age		41	42	40
Population by Age	0-9 Yrs	1061 (13%)	6735 (10%)	16860 (11%)
	10-19 Yrs	1075 (13%)	7985 (12%)	20400 (13%)
	20-29 Yrs	770 (9%)	7188 (11%)	19029 (13%)
	30-39 Yrs	998 (12%)	7818 (12%)	17672 (12%)
	40-49 Yrs	1093 (13%)	8315 (13%)	18661 (12%)
	50-59 Yrs	942 (11%)	8373 (13%)	18306 (12%)
	60-69 Yrs	1017 (12%)	7713 (12%)	16776 (11%)
	70+ Yrs	1153 (14%)	9185 (14%)	18084 (12%)

Median HH Income		$74,690	$65,438	$56,501
Total Household Income	< 24K	317 (11%)	2895 (12%)	9847 (18%)
	25-49K	584 (21%)	5721 (24%)	13077 (25%)
	50-74K	466 (17%)	4575 (19%)	9875 (18%)
	75-99K	468 (17%)	3056 (13%)	6776 (13%)
	100-199K	718 (26%)	5063 (21%)	9361 (17%)
	200K+	169 (6%)	1901 (8%)	3084 (5%)

Highest Education Level	No Diploma	258	3321	9987
	Diploma or GED	1819	13183	31723
	Some College	1091	8586	19077
	Assoc. Degree	552	4949	9941
	Bachelors Degree	1151	9566	18077
	Higher Degree	700	5871	10026

Total Housing Units		2,966	26,640	61,840
--Owner-Occupied		2,094	16,638	34,463
--Renter-Occupied		627	6,575	17,557
Owner-Occupied Values	< 100K	273	2667	8426
	100-199K	859	6276	12394
	200-299K	584	3936	7797
	300-399K	278	2053	3111
	400-499K	41	765	1213
	500K+	59	941	1522

Total Working Age Population		6,292	51,458	117,416
In Work Force		3,892	31,449	69,584
Not In Work Force		2,400	20,008	47,832
Workforce Employed		3,781	29,944	65,459
Workforce Unemployed		111	1,491	4,023
Civlian Workforce		3,892	31,435	69,482
Military Workforce		0	14	103

Total Households		2,722	23,213	52,020
Family Households		2,100	16,161	34,666
Non-Family Households		621	7,052	17,354
Married Couple		1,688	12,659	26,142
Other Family		412	3,502	8,524
Married w/Child		632	4,311	9,499
Single Male w/Child		14	308	1,045
Single Female w/Child		168	1,324	3,173

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Florida	15,982,378	+18	18,801,310	+14	21,517,610	+13	24,340,457
Polk County	483,924	+24	602,095	+16	699,589	+15	807,917

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 4525 Florida Avenue South in Lakeland?

The asking price for 4525 Florida Avenue South is $6,625,000

What is the building size of this Retail property in Lakeland, FL?

The size of the building/unit at 4525 Florida Avenue South in Lakeland is 40,980 square feet

How much land does the Lakeland, FL property at 4525 Florida Avenue South include?

4525 Florida Avenue South in Lakeland includes 4.150 acres of land

What is the population within 1 mile of 4525 Florida Avenue South in Lakeland?

The population within 1 mile of 4525 Florida Avenue South Lakeland, FL 33813 is 8,110 people.

Who do I contact for questions about 4525 Florida Avenue South?

You should contact the listing agent, Joshua Lass-Sughrue, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
5131 Florida Avenue South, Lakeland, FL	$1,600,000	9650	0.62
955 East County Road 540A, Lakeland, FL	$1,700,000	5286	1.95
1212 Florida Avenue South, Lakeland, FL	$1,350,000	4519	0.79
117 Lake Beulah Drive, Lakeland, FL	$799,000	2840	0.53
230 North Florida Avenue, Lakeland, FL	$3,900,000	10028	0.56
1241 West Memorial Boulevard, Lakeland, FL	$420,000	2592	0.35
1025 Lakeland Park Center Drive, Lakeland, FL	$900,000	3237	0.76
3772 US Highway 98 North, Lakeland, FL	$3,810,000	6500	2.09
475 East Van Fleet Drive, Bartow, FL	CALL	2500	1.77
6108 US Highway 98 North, Lakeland, FL	CALL	3850	1.35

Closest Commercial Airports

Airport	Distance (mi)
Tampa International Airport (TPA)	35
Orlando International Airport (MCO)	50
Sarasota Bradenton International Airport (SRQ)	55