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Highlights

  • • Prime Downtown Lakeland location
  • • High daily customer activity generated by Downtown businesses
  • • Thousands of clients at Downtown Farmers Curb Market every Saturday
  • • Excellent storefront visibility
  • • Strong demographics and continued investment driving long-term growth

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 2,386 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Modified Gross
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

Position your business in one of Central Florida's fastest-growing downtown districts. Located on South Kentucky Avenue in the heart of Downtown Lakeland, this highly visible commercial space places your business among established restaurants, boutiques, professional offices, entertainment venues, and year-round community events. Downtown Lakeland has transformed into a vibrant destination where commerce, culture, dining, and professional services converge. Continuous public and private investment, expanding residential development, and a thriving business community continue to fuel demand for quality commercial space. The Downtown CRA encompasses more than 550 acres and remains one of the City's primary redevelopment and economic investment districts. Rare opportunities to secure commercial space in the heart of Downtown Lakeland are increasingly limited. Position your business in one of Central Florida's most dynamic and rapidly evolving downtown districts, where historic character meets continued economic growth and investment. Whether you're expanding an established business or launching a flagship location, 121 S. Kentucky Avenue offers an exceptional opportunity to establish a presence in Lakeland's premier business district.

  • Listed rate may not include certain utilities, building services and property expenses
  • Partially Built-Out as Standard Retail Space
  • Space In Need of Renovation
  • Central Air Conditioning
  • Private Restrooms
  • Drop Ceilings
  • Display Window
  • • Excellent storefront visibility
  • • Prime Downtown Lakeland location
  • • Surrounded by established retail commerce
  • • High customer activity generated by Downtown
  • • Strong demographics, continued investment growth
Space Size Term Rental Rate Rent Type
1st Floor 2,386 SF Negotiable Upon Request Upon Request Upon Request Upon Request Modified Gross

1st Floor

Size
2,386 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Modified Gross
Space Use
Retail
Build-Out
Partial Build-Out
Availability
Now

Position your business in one of Central Florida's fastest-growing downtown districts. Located on South Kentucky Avenue in the heart of Downtown Lakeland, this highly visible commercial space places your business among established restaurants, boutiques, professional offices, entertainment venues, and year-round community events. Downtown Lakeland has transformed into a vibrant destination where commerce, culture, dining, and professional services converge. Continuous public and private investment, expanding residential development, and a thriving business community continue to fuel demand for quality commercial space. The Downtown CRA encompasses more than 550 acres and remains one of the City's primary redevelopment and economic investment districts. Rare opportunities to secure commercial space in the heart of Downtown Lakeland are increasingly limited. Position your business in one of Central Florida's most dynamic and rapidly evolving downtown districts, where historic character meets continued economic growth and investment. Whether you're expanding an established business or launching a flagship location, 121 S. Kentucky Avenue offers an exceptional opportunity to establish a presence in Lakeland's premier business district.

  • Listed rate may not include certain utilities, building services and property expenses
  • Partially Built-Out as Standard Retail Space
  • Space In Need of Renovation
  • Central Air Conditioning
  • Private Restrooms
  • Drop Ceilings
  • Display Window
  • • Excellent storefront visibility
  • • Prime Downtown Lakeland location
  • • Surrounded by established retail commerce
  • • High customer activity generated by Downtown
  • • Strong demographics, continued investment growth

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at 121 S Kentucky Ave, Lakeland, FL 33801

  • Tenant
  • Description
  • US Locations
  • Reach
  • Gift Basket Boutique
  • -
  • 1
  • -
Tenant Description US Locations Reach
Gift Basket Boutique - 1 -

Property Facts

Total Space Available 2,386 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 2,386 SF
Year Built 1924

About the Property

2,386 SF of Premier Downtown Retail | Office | Restaurant Opportunity Position your business in one of Central Florida's fastest-growing downtown districts. Located on South Kentucky Avenue in the heart of Downtown Lakeland, this highly visible commercial space places your business among established restaurants, boutiques, professional offices, entertainment venues, and year-round community events. Downtown Lakeland has transformed into a vibrant destination where commerce, culture, dining, and professional services converge. Continuous public and private investment, expanding residential development, and a thriving business community continue to fuel demand for quality commercial space. The Downtown CRA encompasses more than 550 acres and remains one of the City's primary redevelopment and economic investment districts. Whether you're expanding an established business or launching a flagship location, 121 S. Kentucky Avenue offers an exceptional opportunity to establish a presence in Lakeland's premier business district.

Fairly walkable
50/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

SouthState
Centennial Bank
Bank of America
Hancock Whitney Bank
Truist
Pita Pit
Teriyaki Madness
Foxtail Coffee Co.
Steak ‘n Shake
Checkers
  • Listing ID: 41109283

  • Date on Market: 6/30/2026

  • Last Updated:

  • Address: 121 S Kentucky Ave, Lakeland, FL 33801

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