4525 Florida Avenue South | Lakeland, Florida 33813
First Vice President Investments
40,980 Square Foot Shopping Center
Priced Below Replacement Cost at $150 Per Square Foot
Attractive Assumable Financing Available
Marcus & Millichap is pleased to offer for sale Alamo Plaza, a 40,980- square-foot shopping center located in Lakeland, Florida. The property is 100 percent occupied with all tenants on net leases. Alamo Plaza is priced below replacement cost at $159 per square foot with attractive assumable financing available.
Alamo Plaza is located on Florida Avenue South, which is home to more than 2 million square feet of retail within a one-mile radius and has an average daily traffic count of over 41,500 vehicles per day. The neighborhoods surrounding the subject property contain over 136,000 residents within a five-mile radius and an average household income of $84,871 within a three-mile radius.