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198 Melton Ave
Auburndale, FL 33823
Auburndale Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- OVERVIEW: PRICED BELOW REPLACEMENT | TURNKEY FOR INVESTORS & OWNER-USERS
- VPD: HIGH DAILY TRAFFIC COUNTS | 27,500+ VPD
- NEARBY: ?STRONG RETAIL SYNERGY | NATIONAL TENANT SURROUNDINGS
- PRIME LOCATION:? EXCEPTIONAL VISIBILITY IN A RAPIDLY GROWING MARKET
- RANK: TOP-RANKED METRO | #7 “BEST PLACES TO MOVE” IN U.S.
EXECUTIVE SUMMARY
Marcus and Millichap is pleased to present this exceptional retail property located at 198 Melton Avenue, Auburndale, FL 33823. Boasting a net leasable area of 9,142, this prime flex property is located minutes away from one of the fastest- growing cities in the U.S. Its strategic location adds to its appeal as the property sees over 27,750 vehicles per day, ensuring visibility and accessibility. ?
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Auburndale is in the Lakeland MSA, Which is ranked #7 in the U.S. News and World Report's "Best Places to Move in the US," is strategically nestled between Tampa and Orlando – each just an approximate one-hour drive away. Auburndale benefits from Lakeland's recent growth next door noting new developments and increased traffic in the area. Plus, with notable national retailers like Publix, Winn-Dixie, CVS, Planet Fitness, KFC, Walmart, Dunkin', and more, the property's investment appeal is even stronger.
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Auburndale is in the Lakeland MSA, Which is ranked #7 in the U.S. News and World Report's "Best Places to Move in the US," is strategically nestled between Tampa and Orlando – each just an approximate one-hour drive away. Auburndale benefits from Lakeland's recent growth next door noting new developments and increased traffic in the area. Plus, with notable national retailers like Publix, Winn-Dixie, CVS, Planet Fitness, KFC, Walmart, Dunkin', and more, the property's investment appeal is even stronger.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
9,142 SF
Building Class
B
Year Built/Renovated
1972/2007
Price
$1,515,041 CAD
Price Per SF
$165.72 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.24
Lot Size
0.87 AC
Zoning
Retail - Restaurant - Can be changed to office/warehouse as well.
Parking
45 Spaces (4.92 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Security System
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 25-28-11-337000-006010 | Improvements Assessment | $1,049,095 CAD |
| Land Assessment | $160,519 CAD | Total Assessment | $1,209,614 CAD |
PROPERTY TAXES
Parcel Number
25-28-11-337000-006010
Land Assessment
$160,519 CAD
Improvements Assessment
$1,049,095 CAD
Total Assessment
$1,209,614 CAD
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