321-417-0456
2505-2513 State Road 60 E, Lake Wales, FL for Sale
Storefront Retail/Office - FOR SALE
1/4
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2505-2513 State Road 60 E
Lake Wales, FL 33898


HIGHLIGHTS

  • Average daily traffic - 27,000
  • New homes are being built nearby from all the major home builders (Lennar, KB Homes, DR Horton, etc.), population expected to triple.
  • FDOT review underway for potential traffic signal installation adjacent to property
  • Situated near Walmart, McDonald’s, Taco Bell, Wendy’s, and Tractor Supply for strong co-tenancy benefits.
  • Growing trade area with thousands of new homes being built by major national homebuilders.
  • On-site parking, easy ingress/egress, and excellent signage opportunities.

OVERVIEW

Approximately 57% of the building can be occupied immediately by an owner-user, making this an ideal opportunity for medical, retail, office, or service businesses seeking a highly visible location while benefiting from income generated by the remaining tenants. Walmart Shadow Center – Lake Wales, Florida Excellent Owner-User Opportunity or for Investment Approximately 2,550 SF of open retail space is currently vacant for an owner-occupant or lease to a new tenant, providing flexibility for immediate occupancy or additional rental income. Value-Add Investment Opportunity to increase NOI by leasing the available 2,550 SF at current market rental rates. Ideal for investors seeking upside through lease-up. Strong Retail Corridor Located on State Road 60, one of Lake Wales' primary commercial corridors. Average daily traffic of approximately 26,000 vehicles. Excellent Retail Synergy Shadow-anchored by Walmart and surrounded by national retailers including McDonald's, Taco Bell, Wendy's, Tractor Supply, and other established businesses. Growing Trade Area Significant residential growth with new communities being developed by national homebuilders including Lennar, KB Home, and D.R. Horton, creating increasing demand for neighborhood retail and service businesses. Flexible Uses Suitable for: Medical Dental Professional Office Retail Restaurant Salon Fitness Service Businesses High Visibility Excellent storefront exposure. Easy ingress and egress with ample parking.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

LCC

APN/PARCEL ID

28-30-06-940200-001010

ASK ABOUT THIS PROPERTY

Nisa AzizNisa AzizMore Info
321-417-0456

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Nisa AzizNisa AzizMore Info
321-417-0456

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.