Price Reduced - 1855 E Memorial Boulevard is a free-standing retail building at a signalized intersection in Lakeland, Florida. Formerly a Taco Bell, the building is situated on a .66-acre lot totaling 2,575 square feet with a dedicated drive-thru lane. While the site could continue to serve as a fast-food restaurant, it also presents multiple redevelopment options, including the potential for a MEDICAL DISPENSARY. This makes it suitable for any business looking to capitalize on a highly trafficked location. The site offers ample parking with 30 spaces, has 179’ of frontage on E Memorial Boulevard, and benefits from exposure to over 30,000 vehicles that pass daily along the HARD-CORNER intersection of E Memorial Boulevard and Gary Road.
Perfectly placed in one of the fastest growing regions in the country, the community within a five-mile radius of 1855 E Memorial Boulevard is due to see a 17% growth in population over the next five years. That number will help buoy a total consumer spending that exceeds $1.4 billion within five miles, 28.4% of which is spent on food and drink, 15.9% on entertainment, and 5.7% on apparel. Well-positioned and encapsulated by dense residential neighborhoods, 1855 E Memorial Boulevard is also New Markets Tax Credit (NMTC) eligible, which provides significant cost savings.