hauger bunch REALTOR ®
NEW 11,200 SF Warehouse On Interstate 4 Lakeland, Central Florida
www.Hauger-Bunch.com
David F. Bunch, SIOR 415 South Kentucky Avenue Lakeland, FL 33801
[email protected] 863.682.6147
New 11,200 SF Warehouse
hauger bunch
I-4 & Polk Parkway Aerial
REALTOR ®
BUILDING SITE
County Line Road
Exit 25
Exit 27
Exit 28
hauger bunch REALTOR ®
New 11,200 SF Warehouse Photograph & Floor Plan
Information concerning this offering is from sources deemed reliable, but no warranty is made as to the accuracy thereof. It is submitted subject to errors, omissions, change of price or other conditions, prior sale or lease or withdrawal without notice.
hauger bunch REALTOR ®
New 11,200 SF Warehouse Office Photos
New 11,200 SF Warehouse
hauger bunch
Property Overview
REALTOR ®
Identification:
11,200 SF Warehouse (Lindsey)
Location:
4335 N. Frontage Road Lakeland, Florida Directly on Interstate 4 between Exits 27 & 28
Parcel ID:
23-28-20-088000-000038
Building Size:
11,200 SF Includes 9,460 SF warehouse and 1,740 SF office on approx. 1 acre
Zoning:
BPC-2 Polk County (Business Park Center 2)
Construction:
Pre-Engineered Metal with 9’ concrete block wainscot
Utilities: Ceiling Height:
City of Lakeland Electric, Water & Sewer Service 400 amp, 3 Phase power Flourescent Lighting
Loading:
Truck high floor level
Doors:
(3) 10’ x 12’ OH roll-up doors (4) 3’0” personnel doors Handicap ramp to office
HVAC:
Office - HVAC/Warehouse has 3 wall fans
Restrooms:
Office has 2, warehouse has 1
Sprinklers:
None
Comments:
Brand New Class A Warehouse/Distribution Center. Directly on I-4 between two interchanges with Frontage Road. PRIME OPPORTUNITY TO SERVE TAMPA - LAKELAND - ORLANDO MARKETS.
Lease Rate:
$7.80 psf/yr gross $7,280 monthly $6.00 psf/yr Net
SITE Exit
27
24’ eaves, clear span interior
Information concerning this offering is from sources deemed reliable, but no warranty is made as to the accuracy thereof. It is submitted subject to errors, omissions, change of price or other conditions, prior sale or lease or withdrawal without notice.
New 11,200 SF Warehouse
hauger bunch
Greater Lakeland I-4 Corridor Map Campbell Rd.
Socrum. Loop Rd.
Banana Rd.
Marcum Rd.
n
R
d.
Memorial Blvd.
Harden Blvd.
Combee Rd. Lakeland Highlands Rd.
Clubhouse Rd.
y
wa
Central Barn Rd.
gh Hi
Ewell Rd.
Lake Miriam Dr.
w
Pipkin Rd.
Polk P
Winter Lake Rd.
Drane Field Rd.
Carter Rd.
E.F. Griffin Rd.
Crews Lake Rd. Shepherd Rd.
y
arkwa
Maine Ave.
Edgewood Dr.
rto
County Line Rd.
Main St.
Ba
Lakeland Linder Regional Airport
Old Hwy 37
Tam
d. s Blv Jenkin Hwy. e g r o Ge pa Tam Old
Airport Rd.
New
y. pa Hw
Reynolds Rd.
ee
Saddlecreek Rd.
Combee Rd.
hl
Lakeland Hills Blvd.
at
North Florida Avenue
K
S Florida Avenue
Galloway Rd.
Socrum Loop Rd.
Galloway Rd.
Duff Rd.
TAMPA SITE
USF POLYTECHNIC CAMPUS
Campbell Rd.
POLK COUNTY
HILLSBOROUGH COUNTY
To Orlando ORLANDO
Kathleen Rd.
REALTOR ®
hauger bunch REALTOR ®
New 11,200 SF Warehouse Demographics-Executive Summary Executive Summary Prepared by Hauger-Bunch, Inc. 4335 Frontage Rd N Lakeland, FL 33810 Radius: 10.0 mile
4335 Frontage Rd N Lakeland, FL 33810 Radius: 20.0 mile
2007 Population Total Population Male Population Female Population Median Age
292,942 48.6% 51.4% 38.4
762,740 48.9% 51.1% 38.7
2007 Income Median HH Income Per Capita Income Average HH Income
$46,561 $24,041 $61,324
$48,937 $24,652 $63,664
2007 Households Total Households Average Household Size 1990-2000 Annual Rate
113,853 2.53 1.75%
291,246 2.58 2.11%
64.2% 24.0% 11.8%
66.8% 21.8% 11.3%
214,274 253,917 292,942 330,979 1.71% 2.31% 2.47%
519,281 634,354 762,740 871,809 2.02% 2.99% 2.71%
C and L Site Type: Radius
2007 Housing Owner Occupied Housing Units Renter Occupied Housing Units Vacant Housing Units Population 1990 Population 2000 Population 2007 Population 2012 Population 1990-2000 Annual Rate 2000-2007 Annual Rate 2007-2012 Annual Rate
In the identified market area, the current year population is 762,740. In 2000, the Census count in the market area was 634,354. The rate of change since 2000 was 2.99 percent annually. The five-year projection for the population in the market area is 871,809, representing a change of 2.71 percent annually from 2007 to 2012. Currently, the population is 48.9 percent male and 51.1 percent female. Households 1990 Households 2000 Households 2007 Households 2012 Households 1990-2000 Annual Rate 2000-2007 Annual Rate 2007-2012 Annual Rate
82,277 97,850 113,853 128,993 1.75% 2.45% 2.53%
195,248 240,657 291,246 333,901 2.11% 3.1% 2.77%
The household count in this market area has changed from 240,657 in 2000 to 291,246 in the current year, a change of 3.1 percent annually. The five-year projection of households is 333,901, a change of 2.77 percent annually from the current year total. Average household size is currently 2.58, compared to 2.59 in the year 2000. The number of families in the current year is 204,635 in the market area. Housing Currently, 66.8 percent of the 328,519 housing units in the market area are owner occupied; 21.8 percent, renter occupied; and 11.3 percent are vacant. In 2000, there were 273,044 housing units— 65.2 percent owner occupied, 23.0 percent renter occupied and 11.9 percent vacant. The rate of change in housing units since 2000 is 2.58 percent. Median home value in the market area is $186,628, compared to a median home value of $192,285 for the U.S. In five years, median home value is projected to change by 2.77 percent annually to $213,902. From 2000 to the current year, median home value changed by 12.48 percent annually.
hauger bunch REALTOR ®
New 11,200 SF Warehouse Executive Summary Demographics-Executive Summary
Prepared by Hauger-Bunch, Inc.
4335 Frontage Rd N Lakeland, FL 33810 Radius: 10.0 mile
4335 Frontage Rd N Lakeland, FL 33810 Radius: 20.0 mile
Median Household Income 1990 Median HH Income 2000 Median HH Income 2007 Median HH Income 2012 Median HH Income 1990-2000 Annual Rate 2000-2007 Annual Rate 2007-2012 Annual Rate
$26,461 $37,963 $46,561 $53,494 3.68% 3.32% 2.82%
$27,162 $39,654 $48,937 $56,564 3.86% 3.42% 2.94%
Per Capita Income 1990 Per Capita Income 2000 Per Capita Income 2007 Per Capita Income 2012 Per Capita Income 1990-2000 Annual Rate 2000-2007 Annual Rate 2007-2012 Annual Rate
$12,759 $19,085 $24,041 $28,396 4.11% 3.76% 3.39%
$12,787 $19,306 $24,652 $29,453 4.21% 3.99% 3.62%
Average Household Income 1990 Average Household Income 2000 Average Household Income 2007 Average HH Income 2012 Average HH Income 1990-2000 Annual Rate 2000-2007 Annual Rate 2007-2012 Annual Rate
$32,955 $49,088 $61,324 $72,354 4.07% 3.62% 3.36%
$33,634 $50,069 $63,664 $75,895 4.06% 3.92% 3.58%
C and L Site Type: Radius
Households by Income Current median household income is $48,937 in the market area, compared to $53,154 for all U.S. households. Median household income is projected to be $56,564 in five years. In 2000, median household income was $39,654, compared to $27,162 in 1990. Current average household income is $63,664 in this market area, compared to $73,126 for all U.S. households. Average household income is projected to be $75,895 in five years. In 2000, average household income was $50,069, compared to $33,634 in 1990. Current per capita income is $24,652 in the market area, compared to the U.S. per capita income of $27,916. The per capita income is projected to be $29,453 in five years. In 2000, the per capita income was $19,306, compared to $12,787 in 1990. Population by Employment Total Businesses Total Employees
7,532 63,661
17,519 145,882
Currently, 94.3 percent of the civilian labor force in the identified market area is employed and 5.7 percent are unemployed. In comparison, 93.4 percent of the U.S. civilian labor force is employed, and 6.6 percent are unemployed. In five years the rate of employment in the market area will be 95.2 percent of the civilian labor force, and unemployment will be 4.8 percent. The percentage of the U.S. civilian labor force that will be employed in five years is 93.9 percent, and 6.1 percent will be unemployed. In 2000, 61.5 percent of the population aged 16 years or older in the market area participated in the labor force, and 0.3 percent were in the Armed Forces. In the current year, the occupational distribution of the employed population is: • 57.9 percent in white collar jobs (compared to 60.2 percent of U.S. employment) • 16.1 percent in service jobs (compared to 16.5 percent of U.S. employment) • 26.0 percent in blue collar jobs (compared to 23.3 percent of U.S. employment) In 2000, 81.1 percent of the market area population drove alone to work, and 2.6 percent worked at home. The average travel time to work in 2000 was 26.0 minutes in the market area, compared to the U.S. average of 25.5 minutes. Population by Education In 2000, the educational attainment of the population aged 25 years or older in the market area was distributed as follows: • • • • •
22.4 percent had not earned a high school diploma (19.6 percent in the U.S.) 32.5 percent were high school graduates only (28.6 percent in the U.S.) 6.8 percent had completed an Associate degree (6.3 percent in the U.S.) 11.7 percent had a Bachelor’s degree (15.5 percent in the U.S.) 5.6 percent had earned a Master’s/Professional/Doctorate Degree (8.9 percent in the U.S.)
hauger bunch C and L REALTOR ®
4335 Frontage Rd N Lakeland, FL 33810
New 11,200 SF Warehouse Demographics-Standard Site Map Site Map Prepared by Hauger-Bunch, Inc. January 4, 2008
hauger bunch
REALTOR ®
Latitude: 28.038629 Longitude: -82.033994