Contacts
eXp Commercial
Property Details
- Property Type Retail
- Property Size 3,337 SF
- Units 1
- Lot Size 1.19 Acre
- Property Tenancy Single Tenant
- Year Built 1979
- Year Renovated 2016
- Date Updated Jun 22, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- $3,200,000 Offering Price | 4.95% Cap Rate
- Approximately 1.19 Acres Along US Highway 98
- Burger King Ground Lease with Percentage Rent Participation
- Demonstrated Redevelopment Interest Above Asking Price
- Directly Across from New CarMax Development
- Immediate Access to Interstate 4
- Lease Through 2029 with 10 Year Renewal Option Through 2039
- Located Within Lakeland Midtown CRA District
- Long Term Land Appreciation and Redevelopment Potential
- Rare Combination of Current Income and Future Upside
- Strategic Tampa-Orlando Growth Corridor Location
- Strong National Retail Co Tenancy and Consumer Demand
- Tenant Rejected Cash for Keys Proposal Without Counteroffer
Getting around
-
54/100
Walk Score ®
-
63/100
Bike Score ®
Location
- City Lakeland, FL
- Neighborhood Webster Park North
- Zip Code 33805
- Market Tampa St Petersburg Clearwater
Points of Interest
-
Lakeland
2.74 miles
-
7-Eleven
0.30 miles
-
Lakeland Supercharger
1.12 miles
-
BP
1.42 miles
-
Exxon
1.80 miles
-
Murphy USA
2.46 miles
-
Citgo
2.64 miles
-
Hess
3.27 miles
-
Sunoco
3.42 miles
-
Mobil
5.00 miles
-
Gow B. Fields Park & Ride
0.07 miles
-
Parking Lot R
3.63 miles
-
Parking Lot BB
3.63 miles
-
Parking Lot B
3.67 miles
-
Parking Lot C
3.72 miles
-
Parking Lot J
3.87 miles
-
Economy Parking
8.52 miles
-
Visitor Parking
8.55 miles
-
Adopotion Center Parking
8.60 miles
-
Burger King
0.00 miles
-
Denny's
0.04 miles
-
Waffle House
0.08 miles
-
Bob Evans
0.08 miles
-
Long John Silver's
0.16 miles
-
Hooters
0.32 miles
-
McDonald's
0.35 miles
-
Ford's Garage
0.44 miles
-
Steak 'n Shake
0.45 miles
-
Sonny's BBQ
0.53 miles
-
Ross
0.53 miles
-
Target
0.68 miles
-
Bulk Nation
0.76 miles
-
TJ Maxx
0.78 miles
-
Shoppes of Lakeland
0.78 miles
-
Lakeland Square Mall
0.84 miles
-
JCPenney
0.85 miles
-
Bealls
0.94 miles
-
Sears
0.97 miles
-
ALDI
1.46 miles
eXp Commercial