3212 US Highway 98 N
Lakeland, FL 33805
Retail Property For Sale

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 quick service restaurant concept. This validates the long term strategic value of the site beyond its current operation.
The property's long term strategic value is further reinforced by significant institutional investment throughout the immediate trade area, including the recently developed CarMax directly across the street. National retailers and developers continue targeting this corridor due to its exceptional visibility, direct access to Interstate 4, expanding population base, increasing traffic counts, and sustained retail demand. As development continues throughout the Tampa Orlando corridor, highly visible interstate retail locations with established traffic flow and national retail presence become increasingly scarce and difficult to replicate.
Investors benefit from:
• Existing income during the hold period
• Recurring percentage rent participation above base rent
• 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
• Significant barriers to entry for competing sites
• Exposure to one of Florida's strongest population and commercial growth markets
The combination of current cash flow, proven operational performance, institutional investment in the surrounding trade area and future redevelopment potential creates a unique opportunity rarely found in traditional single tenant net lease investments.
This is more than a passive NNN investment. It is a strategic long term real estate position within one of Florida's most dynamic growth corridors, offering investors both immediate income and the potential for substantial long term value creation.