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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

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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

This Circle K is positioned at a high-visibility, signalized hard corner at the intersection of Drane Field Rd. and Airport Rd. It sits directly across from Lakeland International Airport and is just two parcels west of Publix Super Markets Inc. Headquarters. The property offers convenient access, located approximately 3 miles south of Interstate 4 (146,000 VPD) and less than a mile from Polk Parkway (42,000 VPD).
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

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,600 SF
Building Class
C
Year Built
1999
Price
$2,750,000
Price Per SF
$763.89
Cap Rate
5.81%
NOI
$159,820
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
2.62 AC
Zoning
PUD-5653
Frontage
341’ on Airport Rd

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

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.

  • Mining, Quarrying, and Oil and Gas Extraction
  • -
  • -
  • -

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

  • Accommodation and Food Services
  • -
  • -
  • -

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

PROPERTY TAXES

Parcel Number
23-28-33-138101-000130
Land Assessment
$855,368
Improvements Assessment
$596,575
Total Assessment
$1,451,943
  • Listing ID: 35367188

  • Date on Market: 4/3/2025

  • Last Updated:

  • Address: 3730 Airport Rd, Lakeland, FL 33811

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