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Market Square Shopping Center 3169-3187 US Highway 98 N
1,205 SF of Retail Space Available in Lakeland, FL 33805
Highlights
- Located right off I-4 (Exit 32) at the signalized intersection of busy US Highway 98 and Griffin Road
- Minutes from Lakeland Square Mall, the only mall located along the I-4 corridor between the Orlando and Tampa markets
- Highly visible and easily accessible within the retail hub
- KEY RETAILERS: Target, TJ Maxx, The Home Depot, Dick’s Sporting Goods, Old Navy, Ross, Ulta Beauty, Just Move Athletic Club, Starbucks
- DAILY DRIVERS: 175,200 (I-4, US Hwy 98 & Griffin Road)
- POPULATION: 149,009 (within 5 miles)
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 1,205 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
3145-3187 US Highway 98 N - 1st Floor
- Fully Built-Out as a Restaurant or Café Space
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 agent 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 FOR 3169-3187 US Highway 98 N , Lakeland, FL 33805
| Centre Type | Community Center | Total Land Area | 11.90 AC |
| Centre Properties | 1 | Year Built | 1979 |
| Gross Leasable Area | 128,500 SF |
| Centre Type | Community Center |
| Centre Properties | 1 |
| Gross Leasable Area | 128,500 SF |
| Total Land Area | 11.90 AC |
| Year Built | 1979 |
About the Property
Located in Lakeland, Polk County’s largest city, Market Square serves a trade area of nearly 208,000 residents within a seven-mile radius. Situated right off I-4 (Exit 32) at the signalized intersection of busy US Highway 98 and Griffin Road. Easily accessible and highly visible within Lakeland’s shopping hub, which includes top national retailers and the Lakeland Square Mall, the only mall along the I-4 corridor between the Orlando and Tampa markets.
Nearby Major Retailers
-
Evan Benderson -
Benderson Development Company, Inc.
Presented by
Market Square Shopping Center | 3169-3187 US Highway 98 N
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