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Taco Bell 1855 E Memorial Blvd
2,575 SF Retail Building Lakeland, FL 33801 £867,900 (£337/SF)
Investment Highlights
- 1855 E Memorial Boulevard is a former Taco Bell fast-food restaurant with a drive-thru that is available for immediate use or redevelopment.
- Perfectly positioned in Lakeland, which is home to the Publix headquarters and serves as a distribution hub for Florida and the entire Southeast.
- Take advantage of exposure to over 30,000 average daily vehicles at the nearby intersection of E Memorial Boulevard and N Canal Avenue W.
- Situated in a high-growth area equidistant to both Tampa and Orlando that’s projected to see a 17% increase in population over the next five years.
- 1855 E Memorial Boulevard is the only hard stop corner for a quick service restaurant on a four-mile stretch of E Memorial/Highway 93.
Executive Summary
Perfectly placed in one of the fastest growing regions in the country, the community within a five-mile radius of 1855 E Memorial Boulevard is due to see a 17% growth in population over the next five years. That number will help buoy a total consumer spending that exceeds $1.4 billion within five miles, 28.4% of which is spent on food and drink, 15.9% on entertainment, and 5.7% on apparel. Well-positioned and encapsulated by dense residential neighborhoods, 1855 E Memorial Boulevard is also New Markets Tax Credit (NMTC) eligible, which provides significant cost savings.
Property Facts
Amenities
- Pylon Sign
- Signalised Intersection
- Drive Thru
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Triple Net lease, service type. 7% commission available to anyone that brings in an interested party. Strong national or regional credit-qualified tenants only.
Space | Size | Space Use | Position | Available |
1st Floor | 2,575 SF | Retail | - | Now |
1st Floor
Size |
2,575 SF |
Space Use |
Retail |
Position |
- |
Available |
Now |
1st Floor
Size | 2,575 SF |
Space Use | Retail |
Position | - |
Available | Now |
Triple Net lease, service type. 7% commission available to anyone that brings in an interested party. Strong national or regional credit-qualified tenants only.
PROPERTY TAXES
Parcel Number | 24-28-17-000000-012050 | Improvements Assessment | £151,680 |
Land Assessment | £278,611 | Total Assessment | £430,291 |
PROPERTY TAXES
Presented by
Property Group USA
Taco Bell | 1855 E Memorial Blvd
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