5024-5060 Lunn Rd
Lakeland, FL 33811
Compass Point · Retail Property For Sale

Compass Point is a 11,968 square foot retail plaza located in Lakeland, Florida. Sale includes two parcels totaling 1.30 acres. The retail plaza is located on 0.76-acre parcel and was constructed in 2007. Compass Point is comprised of nine retail spaces at 70 percent occupancy. The units range in size from 900 square feet up to 2,400 square feet. Some of the tenants reimburse landlord for CAM, real estate taxes, and insurance. The second parcel/northern portion of the subject, comprised of 0.54 acre, includes a building pad site for future expansion of the center. Located on the south-east intersection of Pipkin Road and Lunn Road. Just two miles from Florida Avenue, major retail corridor in the area. The Lakeland Linder Regional Airport is only three miles north-west from subject. Great location near the Polk Parkway thoroughfare and only eight miles to the newly constructed Florida Polytechnic University. Florida Polytechnic University is Florida’s only public university for engineering and technology dedicated to science, technology, engineering and mathematics. It was established on April 20, 2012 as a wholly innovative university dedicated to the principle that innovation occurs when research and creativity are applied to real-world challenges. Lakeland is a city in Polk County, Florida, and is located between Tampa and Orlando along Interstate 4. Lakeland is a principal city of the Lakeland-Winter Haven, Florida Metropolitan Statistical Area.