Portfolio of properties for Sale

This 17-property portfolio offers investors the opportunity to expand their holdings by purchasing individual locations, select groupings of similar properties, or the entire portfolio. This nationwide property offering is facilitated by NEWAMCO.ORG. The seller group aims to divest certain assets to realign its portfolio towards targeted sectors. The properties in this portfolio range from a 2,575-square-foot former Taco Bell to a former 55,000-square-foot big-box Academy Sports and development land, showcasing a diverse array of assets. The built property types include former CVS Pharmacy and Pep Boys automotive repair buildings, complemented by two big-box stores and two restaurants. Each property is freestanding, standalone, and vacant and benefits from flexible zoning and not being part of other shopping centers, thus offering maximum versatility. Certain properties feature unique attributes such as drive-thrus, restaurant equipment, and drive-in doors, which enhance their adaptability for various future uses. In addition, the micro-locational benefits make them attractive to a wide range of buyers, with the corresponding cities and markets performing exceptionally well. The larger acreage commercial tracts boast excellent frontage along strong retail corridors with new developments coming around them. Two strongly positioned land parcels present dynamic development opportunities. The wide blend of property offerings presents ample 1031 READY exchange options in price, geography and industry sector opportunities. The markets surrounding each property show solid signs for successful investments, supported by multifaceted economies that promote diverse uses. More than half of the properties are located on hard corners, and some are in designated opportunity zones. For more information, please refer to the attached documents and contact Randall Perry at 727-755-3249.

Property Subtype:

Mixed Types

Date on Market:

2024-05-20

Lakeland Retail for Sale - Polk County

Description: A beautifully maintained freestanding office in a prime south Lakeland location. Built in 1961 and thoughtfully improved over the decades, this move-in ready space offers a professional layout ideal for a wide range of business uses — from medical, legal, consulting and financial services. Space offers a reception/waiting area, two private offices, large open work area, kitchen/breakroom, two restrooms, and a storage room. Both A/C units were replaced in 2018, the roof was replaced in 2006. This property has ample on-site parking. Location: Lakeland just off South Florida Avenue on Doris Drive. This prime location offers ready-to-use space in a highly desirable location. Contact us today to schedule a tour or to get more information about purchasing this property. 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. The area surrounding Lakeland offers a range of affordable industrial and commercial real estate options. Whether you need office space, manufacturing facilities, or warehousing, you can find suitable properties to meet your needs. The city and its surrounding area have invested in infrastructure improvements, including utilities and technology, to support business growth and innovation. A wonderful lifestyle for employees with its pleasant climate, cultural amenities, and recreational opportunities, making it an attractive place to live and work.

Date on Market:

2026-04-03

Lakeland Retail for Sale - Polk County

INVESTMENT HIGHLIGHTS | VALUE-ADD NNN RETAIL OPPORTUNITY AdviseCRE is pleased to present a compelling value-add opportunity to acquire the 100% fee simple interest in 3970 US Highway 98 N in Lakeland, Florida—a ±8,319 SF, 100% leased multi-tenant NNN retail outparcel positioned along one of Central Florida’s most dominant retail corridors. The Property is leased to a strong mix of nationally recognized tenants, including Mattress Firm, Verizon Wireless, and Gold Leaf, providing stable, diversified in-place cash flow backed by corporate credit tenancy. Anchored by long-tenured operators with 20+ years of occupancy, the asset offers durable income with a weighted average lease term of approximately 4.0 years and minimal landlord responsibility under a true triple-net structure. The investment is defined by a clear and executable mark-to-market rent opportunity, solving to a ~6.7%+ cap rate within the near term. Mattress Firm and Verizon, representing approximately 87% of the GLA, have lease expirations in 2029 with in-place rents ranging from ~$31 to $39 PSF—materially below current market rents of ~$45 to $61 PSF along the corridor. This creates a highly visible path to NOI growth through renewal at higher economics, supported by strong tenant tenure and proven site performance. NOI is projected to increase from approximately $332,500 to $426,000+ (~15%+ upside), delivering a compelling combination of current yield and embedded appreciation without requiring meaningful capital investment. Strategically located along US Highway 98 (62,000+ VPD) with immediate proximity to Lakeland Square Mall (1M+ SF), the Property benefits from exceptional visibility, access, and positioning within a high-performing retail trade area along the I-4 corridor between Tampa and Orlando. The surrounding market continues to experience strong population growth and sustained retail demand, reinforcing long-term leasing durability. This offering presents a rare opportunity to acquire a stabilized NNN asset with institutional tenancy, predictable cash flow, and a clearly defined path to income growth over a 3–5 year hold.

Property Subtype:

Freestanding

Date on Market:

2026-03-30

Lakeland Retail for Sale - Polk County

Excellent commercial center off South Florida Avenue in Lakeland, Florida. The property consists of three buildings that together form a well-positioned commercial center along one of Lakeland’s primary north–south corridors, with traffic counts exceeding 38,000 vehicles per day. Located within the city’s most affluent zip code, the center benefits from strong surrounding demographics and sits directly across from the Century Avenue multifamily development. The property has been renovated and expanded in recent years to include a new 4,800 SF building fully leased to medical tenants, along with new paint, several new HVAC units, updated landscaping, and many other improvements. Ample on-site parking, with approximately 311 spaces, supports a wide range of retail, medical, and professional uses and enhances overall accessibility for tenants and customers. Location Description Located at 6645 S Florida Avenue in Lakeland, Florida, the property sits along one of the city’s primary north–south commercial corridors. South Florida Avenue carries approximately 38,000 vehicles per day, providing strong visibility and accessibility. The site is positioned within Lakeland’s most affluent zip code and benefits from proximity to major roadways, including Polk Parkway (SR 570), U.S. Highway 98, and Interstate 4, allowing for efficient connectivity throughout Lakeland and the greater Central Florida region. The surrounding area is supported by established retail, medical, and professional services, making this a well-located setting for neighborhood and regional commercial uses.

Property Subtype:

Storefront

Date on Market:

2026-03-04

Lakeland Retail for Sale - Polk County

Broker of Record Kyle Matthews License # CQ1066435 (FL) Matthews Real Estate Investment Services, Inc 1600 West End Ave., Ste. 1500, Nashville, TN 37203 (866) 889-0550

Property Subtype:

Garden Center

Date on Market:

2026-01-29

Lakeland Retail for Sale - Polk County

Flex use building which is one-half office & one-half warehouse area. Fully fenced rear storage yard. This property has been in commercial use since the late 1950s but after the adoption of the comprehensive plan for land use and zoning by Polk County the site is residentially zoned, as are other similar type properties in the area. It is officially a 'legal non-conforming use' that allow it to continue to its use as a commercial property. There are restrictions to a the 'legal non-conforming use' status, you should check with the Polk County Planning Department for more details. The building was used as a service station for a number of years and is included on the State of Florida Superfund Program list. Under that program the government will clean up the site at no cost to the owner. This should be confirmed with a licensed environmental consulting firm. Otherwise, this is a great little property in a good location.

Property Subtype:

Service Station

Date on Market:

2026-01-21

Lakeland Retail for Sale - Polk County

Property Subtype:

Freestanding

Date on Market:

2025-10-30

Lakeland Retail for Sale - Polk County

Lee & Associates, in conjunction with Bang Realty–Naples, Inc. (FL Broker’s License: BK3327646), is pleased to offer the fee simple interest in a build-to-suit Crunch Fitness property located at 5218 S Florida Ave in Lakeland, FL 33813. Constructed in 2020, the single-tenant retail building comprises 18,000 square feet on a 3.17-acre site. The property is leased to Crunch Fitness, operated and guaranteed by CR Fitness Holdings, LLC—the largest Crunch franchisee with over 70 locations across five states. Crunch Fitness boasts more than 500 locations worldwide and a membership base exceeding 3 million. The lease commenced on July 18, 2020, and provides 15 years of initial term with over 10 years remaining, 10% rent increases every five years, and three additional five-year renewal options. Strategically positioned along the Florida Avenue South retail corridor, the property benefits from daily traffic counts of over 43,000 vehicles and direct access to the Interstate 4 corridor, connecting Lakeland to Tampa (38 miles) and Orlando (62 miles). Within a three-mile radius there are nearly 59,000 residents and an average household income of $129,547. Lakeland—home to Publix Super Markets’ corporate headquarters and part of one of Florida’s fastest-growing MSAs—continues to experience robust population and economic growth, underscoring the strength and stability of this investment.

Property Subtype:

Health Club

Date on Market:

2025-07-17

Lakeland Retail for Sale - Polk County

Purchase Price, Real Estate: $1,199,000. Purchase Price, Business: $695,000. 14-years successful business operation. FF&E, Available Upon Request. Financials Available Upon Request. Purchase Price RE + Business: $1,894,000

Property Subtype:

Auto Repair

Date on Market:

2022-07-14

Lakeland Retail for Sale - Polk County

SALE PRICE REDUCTION This hard corner site in the growing Kathleen area has spawned several new home developments. The governing municipality is the City of Lakeland and is zoned Pedestrian Commercial (C-1); permitted uses are retail, fast food restaurants and offices just to name a few. Current traffic count is 19,000 VPD. City utilities available to the site.

Property Subtype:

Storefront Retail/Office

Date on Market:

2022-05-09

Lakeland Retail for Sale - Polk County

?? Property Highlights – 1231 Lakeland Hills Blvd, Lakeland, FL Owner Financing Available – flexible terms for qualified buyers ½ Acre Corner Double Lot directly across from Lakeland Regional Medical Center, Carol Jenkins Barnett Women’s Pavilion, and hospital helipad C-2 Zoning – wide variety of medical and professional uses Existing Building: 5 private offices Front counter/reception area 4 bathrooms Multiple storage bays Open office area Breakroom Ideal Uses: Walk-in clinic, doctor’s office, imaging center, pharmacy, outpatient surgery center, or medical group practice High Visibility & Traffic Counts along Lakeland Hills Blvd Surrounded by National Tenants: Walgreens, CVS, restaurants, and medical offices

Property Subtype:

Freestanding

Date on Market:

2025-09-25

Lakeland Retail for Sale - Polk County

The subject property is located along US Highway 98 in Highland City, FL. It is a freestanding office building situated on a 0.36 acre lot. Access to the property is available from both US 98 S and Laurel Avenue SE. There are a total of three (3) grade level doors - two face US Highway 98 and measure 10' x 12', and one faces Laurel Ave and measures 14' x 12'. Additionally, the space features approximately 480 ± SF of mezzanine storage, which can be accessed via a steel staircase. This space is ideal for any user looking for office space or some retail uses. Location Description The property is located along US Highway 98, a major north–south thoroughfare in the area. It sits just 3 miles south of the Polk Parkway and less than 5 miles north of State Road 60. State Road 60 runs east–west, connecting Tampa Bay to Vero Beach. The Polk Parkway also provides direct access to Interstate 4. The surrounding area features a mix of professional office spaces, major retailers, residential neighborhoods, and apartment complexes. One active development in the area is the construction of an IHOP restaurant just north of the Clubhouse Road and US Highway 98 intersection. Another major project underway is the new Orlando Health Hospital, which is currently under construction along the Polk Parkway and expected to open in 2026. These and other developments reflect the continued growth and investment in the surrounding area.

Property Subtype:

Health Club

Date on Market:

2025-07-24

Lakeland Retail for Sale - Polk County

This versatile property offers a rare opportunity for an owner/user to secure a well-located building with immediate income. Situated on North Lake Parker Avenue, the site benefits from excellent visibility and convenient access to major Lakeland corridors, including U.S. Highway 92 and I-4, connecting Tampa and Orlando. The building consists of two suites, with one currently leased to a church under a long-term agreement through April 2028, providing stable cash flow. The second suite is available for occupancy, making this an ideal scenario for a business seeking to own and operate while offsetting costs with existing rental income. Additional land on-site supports ample parking, a critical advantage for office, retail, or specialty uses. The surrounding area features a mix of residential neighborhoods, retail centers, and community amenities, creating a strong customer and employee base. Lakeland’s strategic location between two major metros enhances growth potential, while proximity to Lake Parker adds a unique community appeal. **Ideal for an owner/user with income. Currently 2,176 sf is available. Building consists of 2 units. Currently a church is occupying suite 813 consisting of 5,576 sf. Church's lease expires April 30, 2028. There is additional land for parking.*

Property Subtype:

Freestanding

Date on Market:

2025-04-27

Lakeland Retail for Sale - Polk County

Property Subtype:

Convenience

Date on Market:

2021-04-28