Grove Park

1617 US-98 Lakeland, FL 33801

Grove Park Shopping Center is a high performing Publix-anchored neighborhood shopping center located in Lakeland, Polk County, Florida. Originally developed in 1960, the 100%-leased center totals 120,150 sf and is anchored by Publix, CVS, Dollar Tree and Humanitary Medical Center. Publix’ store was completely rebuilt in 2019 under a brand new 20-year lease that expires in 2039. The Property is in the heart of Lakeland, along a major commercial artery, in close proximity to Downtown Lakeland, historic neighborhoods and two colleges.

Questions About This Property?

Unit Number Tenant Name Square Feet Documents Lease Rate
Property Size 120,150 Sq. Ft.
Lot Size 12.4 Acres
Zoning C4. Community Commercial District
Year Built/Renovated TBD
Parking Spaces 564
Property Type retail
Number of Buildings 1
Occupancy Fully Occupied
Property Description

• Anchored by Publix, Florida’s dominant grocer
• Publix has operated at the center since 1960!
• A new store was constructed for Publix in 2019 under a 20-year term that expires in 2039
• This Publix is a high performing store with 2024 sales of approximately $800 psf which are up 18% since 2021

•Over 785 feet of unobstructed frontage along Bartow Road, a major commercial artery for Lakeland (50K VPD)
•Convenient access with a median cut along Bartow Road and a traffic light at the intersection with S. Crystal Lake Drive
•Located just 2.0 miles southeast of Downtown Lakeland
•Situated 1.0 mile east of Florida Southern College and 0.5 miles west of Southeastern University

• Polk County is the fastest growing county in the nation according to the US Census Bureau!
• 37K residents and 41K daytime employee population within a 2-mile radius
• The trade area encompasses the historic neighborhoods to the south of Downtown Lakeland and two private educational institutions – Florida Southern College (3K students) and Southeastern University (11K students)
• The only grocery anchored center along Bartow Road with no direct competition to the north or east allows the center to draw from a wide trade area
• Downtown Lakeland is in the midst of a residential and commercial development wave that is reinvigorating the area
• Lakeland has a strong and diverse economy as home to Publix’ headquarters (8,008 employees) and a rapidly expanding transport/ logistics industry that includes a large presence by Amazon

Demographics 1 Mile 3 Miles 5 Miles
Total Population 12,332 36,626 69,331
Total Households 4,381 12,892 26,783
Household Income $77,709 $77,691 $74,706
Average Age 32.7 32.4 36.7
Traffic Counts
Bartow Rd 50,000
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