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Village Plaza 4236-4314 Sleepy Hill Rd
1,600 SF of Retail Space Available in Lakeland, FL 33810
Highlights
- Strong tenants such as Hobby Lobby, Big Lots, Party City, New Chipotle OP, and Renovated Outback OP
- Less than one mile from I-4, and ideally located on Highway 98 with 55,000 vehicles per day
- Extremely Regional market and dense market with 121,000+ people in a 5 mile radius
- Lakeland is ranked the #6 fastest growing MSA in the US
- Expected 15% population growth in the coming 5 years
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
4212-4314 US Highway 98 - 1st Floor
- Fully Built-Out as Standard Retail Space
- Ideally located on Highway 98
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 broker 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.
SITE PLAN
SELECT TENANTS AT Village Plaza
- Big Lots
- Hobby-Lobby
- Party City Retail Group
PROPERTY FACTS FOR 4236-4314 Sleepy Hill Rd , Lakeland, FL 33810
| Center Type | Neighborhood Center | Gross Leasable Area | 163,997 SF |
| Parking | 805 Spaces | Total Land Area | 18.06 AC |
| Stores | 27 | Year Built | 1989 |
| Center Properties | 4 | Cross Streets | Providence Rd |
| Frontage |
| Center Type | Neighborhood Center |
| Parking | 805 Spaces |
| Stores | 27 |
| Center Properties | 4 |
| Frontage | |
| Gross Leasable Area | 163,997 SF |
| Total Land Area | 18.06 AC |
| Year Built | 1989 |
| Cross Streets | Providence Rd |
About the Property
Village Plaza is a 160,000 square foot Class A power center in Lakeland’s dominant retail node. The center is attractive and institutionally owned and occupied by a diverse mix of national and regional tenants. Less than one mile from I-4, the center sits between Sam’s Club and Lakeland Square Regional Mall and across the street from two other large power centers with Target, TJ Maxx, Bealls Department Store, and Best Buy. The center fronts US Hwy 98, the primary north/south commercial thoroughfare and Sleepy Hill Road, an ancillary road shared with Lakeland Square Regional Mall. There is excellent pylon signage directly fronting this intersection, and the center’s main entrance has a full movement lighted intersection with a dedicated left turn lane. Lakeland is 30 miles northeast of Tampa and headquarters to Publix Supermarkets. While this is also the preeminent regional trade are of Lakeland, area demographics are expected to continue to increase over the next 5 years with the one mile radius at the epicenter of projected population growth pf 15%.
DEMOGRAPHICS
Demographics
Nearby Major Retailers
-
PMAT Leasing -
Power Broker Kevin Kush -
PMAT Acquisition, LLC
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Village Plaza | 4236-4314 Sleepy Hill Rd
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