NNN Flex/Retail Investment

Investment Overview

Flex/retail 13,660 SF building on Main St located downtown Lakeland between Tampa and Orlando with brand new roof. The space has urban interior design elements including open ceilings, fully air-conditioned, exposed air ducts, exposed brick wall features and glass storefronts, with 30 parking spaces + street parking. Fully leased with 5 tenants, NNN lease, 20-34 months left on the leases and 4% annual increases. Suite 305 is a 4,725 SF gym, high ceiling, restrooms with showers, fully renovated in 2023. Suite 307-1 is an non-profit office/creation studio with 4 offices, restroom and breakroom. Suite 307-2 is a coffee shop and coffee roasters. Suite 309-1 is a dance studio, fully renovated in 2024, exposed brick wall, breakroom, 2 restrooms and storage. Suite 309-2 is a bike retail shop, open space with storage space. The property is located minutes from the Sports & Events District who has future growth and near the new 180 acres Bonnet Springs Park opened in 2022. Located in downtown Lakeland between Tampa and Orlando within walking distance to restaurants, hotels, bars, shopping, services, this location offers easy access to I-4 and Polk Parkway within minutes.

Investment Highlights

• Flex/retail 13,660 SF building on Main St with new roof
• Fully leased with 5 tenants, NNN lease
• 20-34 months left on the leases and 4% annual increases
• Walking distance from restaurants and services
• Located in downtown Lakeland between Tampa and Orlando