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

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For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427