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Northtowne Square Shopping Center 5141 US Highway 98 1,050 SF of Retail Space Available in Lakeland, FL 33809
HIGHLIGHTS
- located directly on US Highway 98 with high visibility and strong traffic counts
- Surrounded by dense residential neighborhoods and national retailers
- Ample surface parking and convenient ingress/egress for customers
- Positioned in a growing North Lakeland trade area with favorable demographics
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5151 | 1,050 SF | Negotiable | $19.54 CAD/SF/YR $1.63 CAD/SF/MO $20,520 CAD/YR $1,710 CAD/MO | Triple Net (NNN) |
5101-5187 US Highway 98 N - 1st Floor - Ste 5151
Suite 5151: inline retail, prominent frontage, available now
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Ideal for service or retail
- Located minutes from I-4
- Inline retail suite with direct access
- signage opportunity
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,050 SF | Frontage | |
| Center Type | Community Center | Gross Leasable Area | 96,009 SF |
| Parking | 504 Spaces | Total Land Area | 10.15 AC |
| Stores | 20 | Year Built | 1988 |
| Center Properties | 3 |
| Total Space Available | 1,050 SF |
| Center Type | Community Center |
| Parking | 504 Spaces |
| Stores | 20 |
| Center Properties | 3 |
| Frontage | |
| Gross Leasable Area | 96,009 SF |
| Total Land Area | 10.15 AC |
| Year Built | 1988 |
ABOUT THE PROPERTY
Positioned along one of Lakeland’s most active commercial corridors, Northtown Square Shopping Center offers a prime retail opportunity in a high-visibility location with strong regional connectivity. Located directly on US Highway 98, the center benefits from consistent traffic flow and excellent frontage, making it an ideal destination for both national brands and local businesses seeking exposure in the growing North Lakeland submarket. The surrounding area is a dynamic mix of residential neighborhoods, big-box retailers, and service-oriented businesses, contributing to steady consumer demand and daytime foot traffic. Northtown Square is situated just minutes from Interstate 4, providing direct access to Tampa and Orlando, and is supported by a robust population base with favorable demographics for retail success. Tenants at Northtown Square enjoy convenient access, ample surface parking, and prominent signage opportunities. The center’s layout supports a variety of retail uses, from quick-service restaurants and specialty shops to professional services and medical tenants. With Lakeland’s continued growth and its strategic location between two major metropolitan areas, Northtown Square is well-positioned to serve both local residents and regional visitors.
- Dedicated Turn Lane
- Pylon Sign
NEARBY MAJOR RETAILERS
Presented by
Commercial Park
Northtowne Square Shopping Center | 5141 US Highway 98
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