The Claussen Complex - 140,000 SF on 8.36 AC w/ Future Development Possibility

Investment Overview

We are pleased to exclusively present the opportunity to acquire the Claussen’s complex on South Florida Avenue in Lakeland, Florida. Encompassing approximately 140,000 square feet across 8.36 acres, the property offers a rare combination of scale, visibility, existing tenancy, and future development potential. The site extends from South Florida Avenue to Old Highway 37, providing multiple points of access and exceptional connectivity. A significant 2–3 acre area at the rear of the property presents an opportunity for additional development, with potential uses including retail, office, or medical. The site allows for development up to 37 feet in height, creating an attractive opportunity to further enhance the property's value and functionality. The property is anchored by Claussen’s Furniture, a family-owned business that has served the Lakeland and Winter Haven communities for more than 50 years. As part of the sale, the Claussen family is prepared to provide a generous two-year leaseback for its approximately 40,000-square-foot, two-story showroom, providing an established occupancy component for a new owner. Additional tenancy includes Northbridge University (formerly Florida Technical College), Dedicated Senior Medical Center, Little Footsteps Academy, and Margarita's Cocina Mexicana. The property also includes approximately 26,000 square feet of additional office space currently available for lease, providing an opportunity for a new owner to increase occupancy and revenue. The property features approximately 515 feet of frontage along South Florida Avenue and 215 feet along Old Highway 37, offering exceptional visibility. Zoned Linear Commercial Corridor (LCC) within unincorporated Polk County, the property offers a broad range of potential commercial uses. The site is served by public water and wastewater, with three existing lift stations, and provides abundant parking throughout both the front and rear portions of the property. Strategically positioned along one of Lakeland’s most prominent commercial corridors, the property benefits from exposure to 42,500 vehicles per day and convenient access to major transportation routes and amenities, including Interstate 4 and the Polk Parkway. With its substantial existing improvements, established tenancy, expansive frontage, abundant parking, and meaningful redevelopment potential, the Claussen’s complex represents a distinctive opportunity to acquire a large-scale commercial property in one of Lakeland’s most visible and strategically located corridors. Note: Additional financial information will be provided upon the execution of a Confidentiality and Non-Disclosure Agreement.

Investment Highlights

• The Claussen Complex - 8.36 Acres & 140,000 SF on 9 parcels.
• The space is comprised of approx 140,000 SF ± with the main tenant being the owner/anchor at approx 40,000. The owner is open to a lease back up to 2 years, if needed.
• Other major tenants include NUC University (formerly Florida Technical College), Dedicated Senior Medical Center, Little Footsteps Academy and Margarita's Cocina Mexicana.
• Zoned Linear Commercial Corridor (LCC), Unincorporated Polk County, this zoning classification offers a broad range of retail, medical office, professional office, and restaurant uses.
• An incredible development opportunity exists on the Old Hwy 37 side of the property, with approx. 2.5+/- acres of possible additional space and the ability to go up to 37' in height.
• Water and wastewater are with the City of Lakeland and Polk County Utilities. There are 3 lift stations on the property.
• Recent improvements include an $850,000 upgrade to the south side of the building, where an additional elevator has been added for the Northbridge space.
• The restaurant has recently been remodeled to reflect a new theme.
• Dedicated Senior Care is looking to potentially acquire another 2,300 SF of contiguous space for its operation.
• Little Footsteps has acquired an additional 6,000 SF of space to expand into a primary school.
• Existing frontage space is available along South Florida. Currently being used by the furniture store for extra storage.
• There are several office spaces still available, and floor plans can be provided. The spaces include sizes of 6,700, 4,000, 5,000, 1,460 and 8700 SF.
• RECENT CAPITAL IMPROVEMENTS BELOW:
• 15 new rooftop HVAC units for the Claussen's Store and Northbridge University.
• Building was painted Summer of 2026, with new landscaping.
• New lift station added recently. Exterior re-model of University back entrance.
• Brand new elevator and entrance add on, south side of the property.
• ** NOTE - The financial page assumes a two year lease back with Claussen's Furniture, as indicated.