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Pedalers Pond HWY 27 & Pedalers Pond Blvd. 1,000 - 3,000 SF of 4-Star Retail Space Available in Lake Wales, FL 33859
Highlights
- New retail and medical development with a 4,000 SF endcap and 1.2-acre ground lease opportunity.
- Full lighted access with northbound and southbound entry via Pedalers Pond Boulevard.
- Excellent visibility along US Highway 27 with traffic counts of approximately 50,000 AADT.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,000-3,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
This new retail and medical development along US Highway 27 in Lake Wales, Florida, offers a premier leasing opportunity in a high-visibility corridor. The project includes a 4,000-square-foot endcap space scheduled for delivery in Q3 2026, along with an adjacent 1.2-acre ground lease site. The property will be delivered cleared with utilities in place, providing a ready-to-build environment for tenants. Positioned along a major thoroughfare with traffic counts of approximately 50,000 vehicles per day, the site ensures strong exposure and accessibility. Full lighted access and dual entry from northbound and southbound lanes via Pedalers Pond Boulevard enhance convenience for customers and tenants alike. Zoned C-3 (Highway Commercial) within the City of Lake Wales, the property supports a wide range of retail and medical uses. Ample surface parking and proximity to established national retailers along the Highway 27 corridor make this an attractive location for businesses seeking growth in a dynamic market.
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 | 3,000 SF | Gross Leasable Area | 3,000 SF |
| Min. Divisible | 1,000 SF | Construction Status | Proposed |
| Property Type | Retail |
| Total Space Available | 3,000 SF |
| Min. Divisible | 1,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 3,000 SF |
| Construction Status | Proposed |
About the Property
The property is located along US Highway 27 in Lake Wales, Florida, and is part of a new retail and medical development. The site includes a 4,000-square-foot endcap space expected to deliver in the third quarter of 2026 and an adjacent 1.2-acre ground lease opportunity. It is zoned C-3 (Highway Commercial) within the City of Lake Wales. Reported traffic counts along US Highway 27 are approximately 50,000 vehicles per day. The property offers full lighted access and is accessible from both northbound and southbound lanes via Pedalers Pond Boulevard. Utilities will be available, and the site will be delivered cleared for development. Surrounding uses include national retailers, restaurants, and service providers along the Highway 27 corridor.
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Nearby Major Retailers
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Pedalers Pond | HWY 27 & Pedalers Pond Blvd.
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