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Circle K Lakeland 3730 Airport Rd 3,600 SF 100% Leased Retail Building Lakeland, FL 33811 $2,750,000 ($763.89/SF) 5.81% Cap Rate



INVESTMENT HIGHLIGHTS
- High-visibility corner at Drane Field Rd. and Airport Rd.
- Easy access to I-4 (146,000 VPD) and Polk Parkway (42,000 VPD)
- Across from Lakeland International Airport, near Publix HQ
- 12 fueling pumps, 4 diesel pumps, dedicated diesel island
EXECUTIVE SUMMARY
Built in 1999, the site operated as a Shell Oil Products US station with a Circle K store until 2019, when Circle K took over full operations, including the pumps. The site features a 12-pump fueling station, including 4 diesel pumps, along with a dedicated diesel island equipped with 2 lanes and 4 additional pumps, accommodating both passenger vehicles and commercial trucks. The convenience store also includes an on-site Subway, offering a nationally recognized food option for customers.
PROPERTY FACTS Under Contract
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
Circle K is an international convenience store chain founded in 1951 in El Paso, Texas by Fred Hervey. The company operates retail outlets offering convenience goods, fuel, and quick-service food across North America, Europe, Asia, and the Middle East.
Shell is an international energy company with expertise in the exploration, production, refining and marketing of oil and natural gas, and the manufacturing and marketing of chemicals. They use advanced technologies and take an innovative approach to help build a sustainable energy future. They invest in power, including from renewable sources such as wind and solar. They also invest in electric vehicle charging and low-carbon fuels for transport, such as advanced biofuels and hydrogen
Subway® is simply the better choice for freshly made, convenient, and affordable food. For a reason, they are one of the world’s largest restaurant brands, serving up a crave-able menu with better options to their millions of fans, every day. Whether it’s their bread baked fresh daily, new flavorful signature subs or their classic fan favorites made fresh to order, Subway® delivers a quality, delicious meal that people can feel good about. The Subway® story began in 1965 when Fred DeLuca asked his family friend, Dr. Peter Buck, a nuclear physicist, for advice on how to pay his college tuition. With an idea to open a submarine sandwich shop and an initial investment from Dr. Buck, the two formed a business partnership that would ultimately change the landscape of the quick-service restaurant industry.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
Retailer | - | - | - | ||
|
Mining, Quarrying, and Oil and Gas Extraction | - | - | - | ||
|
Accommodation and Food Services | - | - | - |
PROPERTY TAXES
| Parcel Number | 23-28-33-138101-000130 | Improvements Assessment | $596,575 |
| Land Assessment | $855,368 | Total Assessment | $1,451,943 |
PROPERTY TAXES
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Circle K Lakeland | 3730 Airport Rd
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