McDonald's-Lake Wales
Closed2500 Ridge Way, Lake Wales, FL 33859
Property type
Retail
Unit / Space count
1
Price
$1,555,555
Building size
4,365 sf
Rentable area
4,365 SF
Year built
2014
Year renovated
Occupancy
Zoning code
Lot size
1.27 Acres
Sold/status
Sold · Date unknown
Sale price
$1555555
Property description
Franklin Street is pleased to present for sale a McDonald’s ground lease in Lake Wales, Florida. The city of Lake Wales is located in Polk County and sits on some of the highest ground in the state of Florida. Lake Wales is located 45 miles south Orland and 50 miles east of Tampa. The site is an outparcel to Phase II of the Shoppes on the Ridge shopping center which is anchored by a Kohl’s department store. Phase I of the project is anchored by a Publix, Bealls Outlet, and PetsMart. The site is located on US Highway 27, a major north-south corridor that has 34,000 VPD. A half mile from the property is the Eagle Ridge Mall, anchored by a Dillard’s department store, J.C. Penney, Sears and Regal Cinemas.