5260 US Hwy 98 S
Lakeland (Tampa), FL 33812
Circle K Ground Lease
| Offering Summary | |||
|---|---|---|---|
| Price | $2,533,120 | Cap Rate | 5.00% |
| NOI | $126,655.92 | Rentable SF | 5,200 SF |
| Lot Size | 1.87 +/- Acres | Year Built | 2023 |
| Lease Type | Absolute NNN Ground Lease | Lease Term | 15 Years |
Investment Highlights
- Brand New 2023 High-Quality Construction in Tax-Free State
- 15-Year Absolute NNN Ground Lease to Circle K w/ Increases
- Corporate Guarantee (Investment Grade Credit – S&P Rated BBB)
- Hard Corner Location w/ Excellent Access & Visibility
- Directly Across from Publix Anchored Shopping Center
- Traffic Counts Exceed 45,000 Vehicles Per Day
- Featuring Convenience Store w/ Seven (7) Canopied Gas Pumps
- Affluent Market – Average Household Income Exceeds $114,000
Please login or sign up to view offering memorandum
For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com