New Gas Station with
For Sale
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5260 US Hwy 98 S, Lakeland, FL 33812
Circle K occupies a newly built convenience store under a corporate-guaranteed absolute NNN ground lease.
Property Size5,200 SF
Lot Size1.87 Acres
Days on Market144
Property Features for 5260 US Hwy 98 S
General Information
Standard status
Active
Size
5,200 SF
Lot size
1.87 Acres
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
45,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Fuel Pumps
7
Amenities
canopied gas pumps
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Wertz Real Estate Investment
(619) 218-6427
Listed By:
John Wertz · License #CA 01448585
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 5:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wertz Real Estate Investment
Investment Insights
Based on property information with market context.
This newly constructed Circle K includes a 5,200-square-foot convenience store and seven canopied fuel pumps on a 1.87-acre parcel. The lease is structured as a 15-year absolute NNN ground lease with a corporate guarantee from Circle K, rated BBB by S&P. Contractual 5% rent increases begin after year 10 and continue through each of the seven five-year renewal options.
The property occupies a hard corner along US Highway 98 South in Lakeland, with reported traffic exceeding 45,000 vehicles per day. It is across from a Publix-anchored shopping center and at the entrance to Lakeland Grand, a 268-unit residential development. The surrounding trade area includes national retailers such as McDonald’s, Lowe’s, Sam’s Club, Wells Fargo, Taco Bell, and RaceTrac.
The property occupies a hard corner along US Highway 98 South in Lakeland, with reported traffic exceeding 45,000 vehicles per day. It is across from a Publix-anchored shopping center and at the entrance to Lakeland Grand, a 268-unit residential development. The surrounding trade area includes national retailers such as McDonald’s, Lowe’s, Sam’s Club, Wells Fargo, Taco Bell, and RaceTrac.
Key Highlights
- Newly constructed 5,200‑square‑foot Circle K convenience store
- Seven canopied gas pumps on a 1.87‑acre parcel
- 15‑year absolute NNN ground lease with Circle K corporate guarantee
Property Analytics
Property Profile
Current Use
Lease Details
45,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
106k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Shops & Services 21%
Groceries 18%
Home Improvements & Furnishings 16%
Fancy Fruit & Produce
Groceries
18,968 visits/mo
0.2 miles
Culver's
Dining
18,627 visits/mo
0.0 miles
Harbor Freight Tools
Home Improvements & Furnishings
15,673 visits/mo
0.2 miles
Little Caesars Pizza
Dining
9,242 visits/mo
0.4 miles
Twistee Treat
Dining
9,006 visits/mo
0.4 miles
Demographics for 33812, FL
14,907
Population
5,516
Households
2.7
Avg Household Size
40
Median Age
36%
College-Educated
93%
High-School Grad
9.7 sq mi
ZIP Area
1,537
Density / Sq Mi
$100,569
Median Household Income
$48,694
Median Earnings
$1,520
Median Rent
$335,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Circle K occupies a newly built convenience store under a corporate-guaranteed absolute NNN ground lease.
Where is this gas station located?
The property is located at 5260 US Hwy 98 S Lakeland, FL.
What are key features of this property?
This property features: Newly constructed 5,200‑square‑foot Circle K convenience store; Seven canopied gas pumps on a 1.87‑acre parcel; 15‑year absolute NNN ground lease with Circle K corporate guarantee
