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Alamo Plaza - Availability Details

4525 S Florida Ave S, Lakeland, FL 33813

  • For Sale $6,625,000
  • City Lakeland
  • Neighborhood Fountain Heights
  • Zip Code 33813
  • Market Tampa St Petersburg Clearwater
  • Property Type Retail - Street Retail
  • Property Size 40,980 Sqft
  • Lot Size 4.15 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1985
  • Year Renovated 2017
  • Date Updated 06 May, 2021
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.
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Contacts

broker

Joshua Lass-Sughrue

NAI Partners

(713) 275-9628

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

Attachments

Contact Listing Broker

broker

Joshua Lass-Sughrue

NAI Partners

(713) 275-9628

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