F O R L E A S E Historic Downtown Property

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1 F O R L E A S E Historic Downtown Property

2 PROPERTY SYNOPSIS: F O R L E A S E Historic Downtown Property Property: The Gore building was built in 1925 during the Florida boom. It s one of Lakeland s most historic buildings and is set be redeveloped as a mixed-use property, utilizing its upper 5000 feet, for residential; and its first floor of 16,000 ft.² will be utilized for retail and/or office users. Currently, available on-site parking totals 24 spaces, and additional city street parking is planned, as the road diet for Massachusetts Avenue is executed. This road diet will take the existing four lanes of Massachusetts Avenue and reduce it down to two lanes (with a turn lane in some areas), allowing parallel parking along both sides. This site currently features three-phase electric, and will be delivered in shell state. Available configurations of any size can be accommodated at this early juncture of the redevelopment. Ceiling heights throughout the first floor are approximately 15. The warehouse on the southern side of the property has rich wood ceilings. Lots of exposed brick throughout the entire interior, a very urban edge to the whole property. Location: The site is located in the heart of the CBD, directly across from Lakeland Police Department in catty corner to the proposed 14 acre redevelopment site owned by the city of Lakeland. Just a stone s throw from Lake Mirror, all city offices, city parks, downtown retail and restaurants, banks, and urban living. The site features very easy access to I-4, both east and westbound, which is just a few miles to the north. Current traffic counts along Massachusetts Avenue exceed 9000 vehicles per day. This finished project will be accompanied (one block to the west) by the brand-new, 60,000 ft.², NOBAY, mixed-use, residential and retail development. PROPERTY HIGHLIGHTS 16,000 FT.2 GROSS Gross sf 21,000 +/- to 16,000 +/- Available on 1st Floor 5,000 +/- Available on 2nd floor Outdoor, Sidewalks, Dinning Options CBD Location On-Site Parking Surrounded by additional City parking 15 Foot Ceiling Heights Exposed Brick Edgy, Urban Feel Leased At: $18 Per SF NNN

3 Conceptual Drawling

4 F O R L E A S E Historic Downtown Property

5 F O R L E A S E Historic Downtown Property

6 F O R L E A S E Historic Downtown Property

7 Demographics & Research Within a 100-mile radius reside 8.6 million people and a workforce of 3.4 million. Within the same 100-mile radius, Polk County has access to 500,000 students at three major research universities, numerous colleges, community colleges and technical schools. Polk County has emerged as a leading logistics center due to its central location in Florida and its 18 million residents. From this platform on Interstate 4, companies have easy access to Interstates 75 and 95 as well as US Highway 27, a major north-south route. Polk County s labor force of 276,000 persons is backed by a progressive workforce board and by numerous training programs, including Programmable Logic Control Maintenance Mechanics, Information Technology, Engineering and Logistics and Supply Chain Management. Polk County businesses operate between two of the best international airports in the world Tampa and Orlando. Combined, these airports provide 1,145 non-stop daily flights to all major US markets and 22 international markets. Another advantage for companies is the nearby deep-water ports of Tampa, Manatee and Canaveral. CSX Railroad has announced plans to build an Integrated Logistics Center on 1,250 acres of industrial land in our county which will serve destinations throughout the United States. Major national and regional developers have purchased 5,000 acres of Industrial and Business Park Center properties in our community and have announced plans for the future construction of 25 million square feet of space. Provided by: Central Florida Economic Development Council of Polk County

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9 CBD MAP

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11 LAKE WIRE LAKE MIRROR DOWNTOWN LAKELAND LAKE MORTON

12 MASSACHUSETTS AVE. F O R L E A S E Historic Downtown Property SUBJECT PARKING BAY STREET SUBJECT

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14 Every effort has been made to provide accurate information. However, we are not responsible for errors, omissions, prior sale, change of price or withdrawal from market without notice. Buyer, independent of the broker or owner, shall determine status of all permitting, utilities, concurrency, consistency, zoning and compliance with the Americans with Disabilities Act. Broadway Brokerage, LLC, 100 South Kentucky Avenue, Suite 290, Lakeland, Florida 33801, (863) , is the agent for this Seller. DEMOGRAPHICS

15 DEMOGRAPHICS 5, 10, 15 MINUTE DRIVE TIME MAP

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