PROPERTY FOR LEASE 1,000-2,000 +/- SF Office/Warehouse Space 5349 Great Oak Drive, Lakeland, FL 33815 $12/SF NNN SRDcommercial.com 877.518.5263
TABLE OF CONTENTS Agent Information 3 Executive Summary 4 Property Highlights 5 Regional Location Map 6 Location Map 7 Demographics Map 8 Demographics 9 Market Area 10 Trade Area 11 Neighborhood Aerial 12 Site Aerial 13 Building Information 14 Photos 15 Zoning 16 Confidentiality & Disclaimer 17 SRDcommercial.com 877.518.5263 page 2
AGENT INFORMATION Eric Ammon Associate Broker Eric Ammon, CCIM, of Lakeland, Florida, specializes in general commercial real estate. Eric has worked in commercial real estate for over 30 years and is a licensed real estate broker in Florida. In his career he has managed, acquired and or sold in excess of $1.2 billion worth of investment grade real estate across all asset classes including; multi-family, hospitality, marina, high-rise office, industrial, retail, parking garages, and land in all of its forms. He has directly completed in excess of $170MM in multi-family acquisitions, $335MM in overall dispositions, brokered the sale of over $195MM in apartment sales throughout Florida, and managed and leased all types and classes of properties across the United States. Contact Information: BBurke@SRDcommercial.com eammon@srdcommercial.com 863.333.5630 863.272.7135 Eric obtained a Bachelor of Arts degree in Political Science from the University of Cincinnati. He holds the Certified Commercial Investment Member (CCIM) designation. Eric resides in Lakeland, FL with his wife Patty and their two children. Disciplines: General commercial real estate SRDcommercial.com 877.518.5263 page 3
EXECUTIVE SUMMARY Site Address: County: 5349 Great Oak Drive Lakeland, FL 33815 Polk PIN (Property Identification Number): 23-28-19-087501-000072 Land Size: Building Size: 1.76 +/- Acres Suite 1: 2,000+/- SF (1,500 Office and 500 Warehouse) Suite 2: 1,000 +/- SF (Office) Year Built: 1984 Property Use: Utilities: Zoning: One story office Water and sewer (City of Lakeland) 1-2: Medium Industrial District (City of Lakeland) Taxes: $16,345.18 (2016) Traffic Count: Price: 23,000 on N County Line Road $12/SF NNN SRDcommercial.com 877.518.5263 page 4
PROPERTY HIGHLIGHTS Location Subject property located at the intersection of County Line Rd. and Great Oak Drive Median Household Income in 1 mile is $56,378 which is 23% higher than Polk County and 11% higher than the State of Florida Proximity to SR 570, US 92, and I-4 enhance analytics for logistics and distribution Major manufacturing and distribution centers nearby including Publix, Amazon, Rooms to Go, and Southern Wines and Spirits among others Site/Building 47 parking spaces (ratio of 3.92 per 1,000 SF) Suite 1 is 2,000 +/- SF, of which 1,500 +/- SF is office space and 500 +/- SF is warehouse Suite 2 is 1,000 +/- SF, 100% office Political/Legal Medium Industrial District (I-2) zoning - The intent of the I-2 District is to permit the establishment of a broad range of business park, industrial and wholesale uses. Any retail shall be limited and subordinate to the principal use. SRDcommercial.com 877.518.5263 page 5
REGIONAL LOCATION MAP Subject Lakeland Winter Haven Tampa Subject property within the Lakeland-Winter Haven MSA Proximity to SR 570, US 92 and I-4 enhance analytics for logistics and distribution SRDcommercial.com 877.518.5263 page 6
LOCATION MAP Subject Fulfillment Center Grocery Warehouse HQ Close proximity to the new Amazon Fulfillment Center, Publix Warehouse and Publix Corp. HQ SRDcommercial.com 877.518.5263 page 7
DEMOGRAPHICS MAP 1, 2, 3 mile radius 5 & 10 minute drive SRDcommercial.com 877.518.5263 page 8
DEMOGRAPHICS Benchmark Demographics 1 mile 2 miles 3 miles 5 minutes 10 minutes Polk FL US Population 1,337 5,364 12,370 3,715 57,706 662,431 20,619,313 327,514,334 Households 436 1,897 4,566 1,280 21,327 247,585 8,064,657 123,158,887 Families 321 1,374 3,192 908 14,177 172,355 5,223,357 81,106,685 Average Household Size 2.95 2.79 2.67 2.83 2.68 2.62 2.50 2.59 Owner Occupied Housing Units 221 1,222 2,923 737 11,981 163,764 5,071,790 77,207,043 Renter Occupied Housing Units 214 675 1,643 542 9,345 83,821 2,992,867 45,951,844 Median Age 33.0 38.3 39.7 36.1 38.0 41.3 42.2 38.2 Trends: 2015-2020 Annual Rate Population 2.04% 1.48% 1.42% 1.74% 1.25% 1.28% 1.36% 0.83% Households 1.98% 1.32% 1.28% 1.57% 1.15% 1.19% 1.30% 0.79% Families 1.92% 1.28% 1.24% 1.54% 1.09% 1.13% 1.25% 0.71% Owner HHs 1.75% 1.17% 1.13% 1.35% 1.00% 1.09% 1.19% 0.72% Median Household Income 2.11% 3.18% 2.63% 2.19% 2.12% 2.46% 2.13% 2.12% Households by Income <$15,000 7.30% 9.50% 11.10% 9.30% 15.50% 12.30% 12.00% 11.50% $15,000 - $24,999 8.30% 9.20% 10.40% 10.20% 15.90% 12.90% 11.70% 10.00% $25,000 - $34,999 8.90% 9.00% 10.70% 10.20% 13.70% 12.20% 11.10% 9.70% $35,000 - $49,999 14.40% 15.90% 16.60% 13.90% 15.90% 16.20% 14.60% 13.10% $50,000 - $74,999 29.60% 20.50% 19.70% 24.50% 18.10% 19.80% 18.70% 17.80% $75,000 - $99,999 14.00% 12.40% 11.20% 12.90% 9.60% 12.10% 11.70% 12.40% $100,000 - $149,999 10.80% 17.70% 15.10% 12.50% 7.90% 9.20% 11.50% 13.90% $150,000 - $199,999 3.00% 3.80% 3.10% 3.80% 1.80% 2.70% 4.30% 5.70% $200,000+ 3.40% 2.00% 1.90% 2.70% 1.60% 2.50% 4.60% 6.10% Good Income Levels Median Household Income $56,378 $55,731 $50,928 $54,471 $38,556 $45,704 $50,606 $56,124 Average Household Income $70,402 $70,063 $65,255 $68,215 $53,135 $61,763 $72,632 $80,675 Per Capita Income $24,298 $25,772 $24,742 $24,931 $19,849 $23,623 $28,921 $30,820 Population by Age 0-4 8.60% 6.90% 6.70% 7.70% 7.30% 6.00% 5.30% 6.10% 5-9 8.20% 7.00% 6.80% 7.60% 7.00% 6.10% 5.50% 6.30% 10-14 7.50% 6.50% 6.30% 6.90% 6.60% 6.10% 5.60% 6.30% 15-19 7.00% 5.90% 5.60% 6.30% 5.90% 5.90% 5.70% 6.40% 20-24 6.60% 5.60% 5.50% 5.90% 6.10% 6.00% 6.40% 7.00% 25-34 15.10% 14.00% 13.70% 14.20% 13.50% 12.60% 13.10% 13.80% 35-44 12.40% 12.00% 11.60% 12.10% 11.20% 11.40% 11.80% 12.50% 45-54 12.40% 12.80% 12.60% 12.30% 11.30% 12.00% 13.00% 13.00% 55-64 10.10% 13.00% 13.10% 11.50% 12.30% 13.10% 13.50% 12.90% 65-74 7.80% 10.50% 11.20% 9.70% 10.50% 12.00% 11.30% 9.20% 75-84 3.40% 4.70% 5.60% 4.60% 5.90% 6.40% 6.20% 4.40% 85+ 0.90% 1.20% 1.50% 1.20% 2.20% 2.40% 2.70% 2.00% SRDcommercial.com 877.518.5263 page 9
MARKET AREA 110,000 130,500 130,000 Subject Distribution Center 28,400 10,500 10,500 4 miles 10,300 23,000 Distribution Center Fulfillment Center 30,900 Grocery Warehouse 6 miles SRDcommercial.com 877.518.5263 page 10
TRADE AREA 110,000 130,500 130,000 Subject Distribution Center 28,400 10,500 10,500 3 miles 10,300 23,000 Distribution Center Fulfillment Center 30,900 Grocery Warehouse 4.5 miles SRDcommercial.com 877.518.5263 page 11
NEIGHBORHOOD AERIAL 130,500 130,000 Lakeland Storage Facility Peco Pallets Subject Haven Pallet Star Distribution 23,000 County Line Rd. 10,500 3,000 SRDcommercial.com 877.518.5263 page 12
SITE AERIAL County Line Rd. 23,000 Great Oak Dr. SRDcommercial.com 877.518.5263 page 13
BUILDING INFORMATION Buildings BUILDING 1 (1501- OFFICE BUILDING) Building Characteristics Total Under Roof: 13,373 sqft Living Area (as originally constructed): 12,593 sqft Actual Year Built: 1984 Effective Year: 1984 Wall Structure: CONCRETE (M & S CRNT MULTIPLIER) SRDcommercial.com 877.518.5263 page 14
PHOTOS SRDcommercial.com 877.518.5263 page 15
ZONING Subject Medium Industrial District (1-2) The intent of the I-2 District is to permit the establishment of a broad range of business park, industrial and wholesale uses. Any retail shall be limited and subordinate to the principal use. The uses permitted include those which usually have relatively moderate external impacts. Such uses do not create an appreciable nuisance or hazard. The I-2 District also provides for some industrial uses which typically have more external impacts, subject to conditional use review. SRDcommercial.com 877.518.5263 page 16
CONFIDENTIALITY & DISCLAIMER About Coldwell Banker Commercial Saunders Ralston Dantzler Realty Coldwell Banker Commercial Saunders Ralston Dantzler Realty (CBCSRD) is located in Lakeland, Florida and is Florida s I-4 corridor s premier commercial real estate firm. We offer unique positioning of properties utilizing our intimate knowledge of local markets, a recognized national brand, and a global reach through our Coldwell Banker Commercial offices worldwide who have achieved a $5 billion total amount in investment sales and leasing transactions 2016. Founded by three highly-recognized CCIM-designated Florida brokers, the company brings together experts on all aspects of real estate. We provide services to land and commercial clients through both CBCSRD and our land brokerage, Coldwell Banker Commercial Saunders Real Estate. For more information, please visit SRDcommercial.com 2017 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. 2017 Coldwell Banker Commercial Saunders Ralston Dantzler Realty, LLC, All rights Reserved, makes every attempt to provide accurate information on this property, however, does not guarantee the accuracy. Buyer should rely entirely on their own research, inspection of property, and records. SRDcommercial.com 877.518.5263 page 17