4201 Tamiami Trl E
Naples, FL 34112
Lakewood Plaza | Low PriceSF | Near Walgreens · Retail Property For Sale

At 52% occupancy, Lakewood Plaza provides tremendous potential upside for a future investor through lease-up of the vacant spaces or redevelopment of the site. The subject property features a low price per square foot below its replacement cost. Lakewood Plaza is situated at the signalized, hard corner intersection of Lakewood Boulevard and U.S. Highway 41 with 40,000 combined cars per day. U.S. Highway 41 is a major thoroughfare for Naples and is a major retail corridor. The site is located next to a Taco Bell and across from a Walgreens, which promotes crossover traffic between the tenants. Additionally, nearby national/credit tenants along U.S. Highway 41 include Walmart (24-hours), Publix, Lucky’s Market, Bealls, Dollar Tree, and more, which increases consumer draw for the immediate trade area. The site is 1-mile west of Riviera Colony, a private, gated community with approximately 1,000 units. A population of more than 98,000 with an average household income of $79,700 supports the immediate 5-mile trade area.