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Old Town Square 5354 US Highway 98 800 SF of Retail Space Available in Lakeland, FL 33810
HIGHLIGHTS
- Currently One Suite Available 800 SF
- On-Site Parking
- Monument Signage Available
- 45,500 VPD
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5344 | 800 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
5354 US Highway 98 - 1st Floor - Ste 5344
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
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.
SELECT TENANTS AT OLD TOWN SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- A3 Roofing
- -
- 1
- -
- All Creamation Options
- -
- 1
- -
- Association Barbershop
- -
- 1
- -
- Iglesia Cristiana Bethel Missionary Church
- -
- 1
- -
- Mission Health & Massage Chiropractic
- -
- 1
- -
- WFG - World Financial Group
- -
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| A3 Roofing | - | 1 | - |
| All Creamation Options | - | 1 | - |
| Association Barbershop | - | 1 | - |
| Iglesia Cristiana Bethel Missionary Church | - | 1 | - |
| Mission Health & Massage Chiropractic | - | 1 | - |
| WFG - World Financial Group | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 800 SF | Frontage | 213’ on US Highway 98 |
| Center Type | Strip Center | Gross Leasable Area | 9,600 SF |
| Parking | 30 Spaces | Total Land Area | 3.83 AC |
| Stores | 3 | Year Built | 1991 |
| Center Properties | 3 |
| Total Space Available | 800 SF |
| Center Type | Strip Center |
| Parking | 30 Spaces |
| Stores | 3 |
| Center Properties | 3 |
| Frontage | 213’ on US Highway 98 |
| Gross Leasable Area | 9,600 SF |
| Total Land Area | 3.83 AC |
| Year Built | 1991 |
ABOUT THE PROPERTY
Property: This multi-Tennant plaza has one available suite. Currently there is one inline retail space available. There is ample onsite parking and new monument signage available. Location: This site is located just off US Hwy 98 North in Lakeland, Florida. Site has strong traffic counts at 45,500 VPD. Property is surrounded with numerous dining establishments, banking, and retail. Area Information: Lakeland is located approximately 35 miles east of Tampa and 55 miles southwest of Orlando along Interstate I-4. The city is home to Florida Southern College, Florida Polytechnic University,Southeastern University, Polk Community College, and Publix. Lakeland is showing positive job growth and offers a lower cost of living than area other areas along the I-4 corridor. There are over 10,000,000 people within a 100-mile radius of Lakeland; a fact that is causing exponential growth in the area.
- Pylon Sign
NEARBY MAJOR RETAILERS
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Old Town Square | 5354 US Highway 98
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