Overview
Description
Davenport retail is 100% occupied by Verizon and T-Mobile – 10-year leases with attractive rental escalations. It is Located in dominant retail corridor (across the street from a Dick’s Sporting Goods/Ross Dress for Less Anchored Shopping Center) with great visibility/ access on US-27 with traffic counts of 76,327 CPD! (1/2 mile south of I-4 with traffic counts of 130,755 CPD).
Nearby retailers include Target, BJ’s Wholesale Club, Publix, Burlington, Hobby Lobby, Marshalls & HomeGoods, Dick’s Sporting Goods, JCPenney, Ross Dress for Less, Bealls Outlet, Best Buy, Dollar General, Dollar Tree, Family Dollar, Ashley, Cato, rue21, Sally Beauty, Books- A-Million, Michaels, Five Below, Staples, PetSmart, Walgreens, AutoZone, and Cinepolis. It is 17 miles from Florida Polytechnic University Lakeland – a public university offering graduate & undergraduate degrees with 1,606 students; 17.5 miles from Polk State College Winter Haven – a public college offering a variety of degrees & certificates with a total enrollment of 13,916; 4.5 miles from AdventHealth Heart of Florida ER – a licensed 202-bed acute care hospital.
Property Highlights
- STRONG TENANCY | ABSOLUTE NNN LEASES:100% occupied by Verizon and T-Mobile – 10-year leases with attractive rental escalations
- FLORIDA IS AN “INCOME TAX-FREE” STATE
- LARGE PARCEL | TRAFFIC COUNTS: Located in dominant retail corridor (across the street from a Dick’s Sporting Goods/Ross Dress for Less Anchored Shopping Center) with great visibility/ access on US-27 with traffic counts of 76,327 CPD! (1/2 mile south of I-4 with traffic counts of 130,755 CPD)
- 2024 DEMOGRAPHICS: Total Population (5MI): 73,883 | Average Household Income (1MI): $100,821
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