Burger King Lakeland,FL

For Sale

3212 US Highway 98 N, Lakeland, FL 33805

This Lakeland property for sale is located at 3212 US Highway 98 N. The current listed sale price for Burger King Lakeland,FL is $3,200,000. Burger King Lakeland,FL is situated on a lot that is 1.19 acre in size.

Contacts

Mercedes Martin

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 May 29, 2026
Positioned directly along the highly trafficked US Highway 98 corridor near Interstate 4, this property benefits from exceptional visibility, accessibility, and long term growth dynamics within one of Central Florida’s fastest growing retail and commercial markets. The property sits directly across from recently developed CarMax, further validating the strength and long-term institutional appeal of the corridor. National retailers and developers continue investing heavily throughout the area due to Lakeland’s strategic positioning between Tampa and Orlando along Interstate 4. The surrounding corridor continues experiencing substantial residential, commercial, logistics, and retail expansion driven by increasing population growth, commuter traffic, and continued national retailer demand. Nearby national retailers include Target, Lowe’s, Home Depot, Starbucks, McDonald’s, Dunkin’, Krispy Kreme, CarMax, and numerous additional national brands. Interstate adjacent retail corners with established traffic patterns, strong visibility, and signalized access are becoming increasingly difficult to replicate throughout the Central Florida market, enhancing the long term strategic value of the property.Rare opportunity to acquire a high performing quick service restaurant property strategically positioned within one of Central Florida’s most active long term growth corridors. Unlike traditional single tenant net lease fast food investments that primarily offer fixed rental income, this property combines stable in place cash flow with significant future redevelopment and land appreciation potential. The property is currently occupied by Burger King under a long term lease structure with recurring percentage rent override payments, demonstrating strong operational performance, established consumer demand, and proven traffic patterns. Sophisticated redevelopment interest has already been demonstrated through prior acquisition attempts involving substantial purchase pricing and proposed tenant lease buyout negotiations for future redevelopment into a modern fast food concept. This validates the long term strategic value of the site beyond its current operation. Investors benefit from: • Existing income during the hold period • Long term land appreciation potential • Strategic Interstate 4 corridor positioning • Proven high volume QSR location • Strong surrounding national retail synergy • Future redevelopment optionality • Institutional quality retail corridor exposure As the Tampa Orlando corridor continues expanding, highly visible interstate retail corners with established traffic flow and national retail presence become increasingly valuable and difficult to replace. This is more than a passive NNN investment it is a strategic long term real estate position within one of Florida’s strongest growth corridors.
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Highlights

  • Demonstrated Redevelopment Interest from Sophisticated Investors
  • Directly Across from Recently Developed CarMax
  • Exceptional Visibility & Access Along US Highway 98
  • Existing Income with Significant Long-Term Appreciation Potential
  • High Performing Burger King with Recurring Percentage Rent Overrides
  • Rare Covered Land Play with Future Redevelopment Upside
  • Strategic Interstate 4 Corridor Retail Location
  • Strong Long-Term Population & Commercial Growth Corridor
  • Surrounded by Major National Retailers & Restaurants
  • Tenant Lease Through April 2029 with Additional Renewal Options

Getting around

  • 54/100

    Walk Score ®

  • 63/100

    Bike Score ®

Powered by Walk 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

Contact Listing Broker
Mercedes Martin

eXp Commercial

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