3212 US Hwy 98 N Lakeland, FL 33805

Listing office eXp Commercial - FL m***@mercedesmartinrealty.com Show Phone

Listing date May 26, 2026

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Investment Insights

Based on property information with market context.

This property features a high-performing Burger King restaurant with recurring percentage rent overrides. It is strategically located in the Interstate 4 corridor, offering a rare covered land play with future redevelopment upside. The area is experiencing strong long-term population and commercial growth. The existing income stream provides significant long-term appreciation potential. The property is directly across from a recently developed CarMax and benefits from exceptional visibility and access along US Highway 98. It is surrounded by major national retailers and restaurants. The tenant's lease extends through April 2029, with additional renewal options. There has been demonstrated redevelopment interest from sophisticated investors. The property size is 3,337 square feet.

Key Highlights

• High Performing Burger King with Recurring Percentage Rent Overrides
• Strategic Interstate 4 Corridor Retail Location
• Rare Covered Land Play with Future Redevelopment Upside

Property Analytics

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FAQs

What type of property is this?

Drive through restaurant - Profitable Burger King on US Highway 98 with redevelopment potential.

Where is this drive through restaurant located?

The property is located at 3212 US Hwy 98 N Lakeland, FL.

What is the asking price?

The asking price for this property is $3,200,000.

What are key features of this property?

This property features: High Performing Burger King with Recurring Percentage Rent Overrides; Strategic Interstate 4 Corridor Retail Location; Rare Covered Land Play with Future Redevelopment Upside