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4208 US Highway 98
Lakeland, FL 33810
Outback Steakhouse - Lakeland FL · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 18 Year Operating History | 2 Years Remain | 10% Rental Increases | Established Brand | Well Below Replacement Cost | Strong Sales
  • Signalized, Hard Corner Intersection | Directly Off I-4 |Surrounding Retailers | Lakeland - High Growth Trade Area
  • Strong Demographics & Trade Area | Annual Population Growth
  • Absolute NNN Ground Lease | Zero Landlord Responsibilities | No State Income Tax | Land Ownership
  • Polk County is the Fastest Growing County in Florida | Top Migrating City | Downtown Lakeland - New Development

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
6,163 SF
Building Class
B
Year Built/Renovated
1989/2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.84 AC
Zoning
PD - Planned Development
Parking
40 Spaces (6.49 Spaces per 1,000 SF Leased)
Frontage
281’ on Sleepy Hill

AMENITIES

  • Restaurant
  • Monument Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-27-35-000000-011210
Land Assessment
$423,131
Improvements Assessment
$830,083
Total Assessment
$1,253,214
  • Listing ID: 36647357

  • Date on Market: 7/8/2025

  • Last Updated:

  • Address: 4208 US Highway 98, Lakeland, FL 33810

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