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- LoopNet Team
505 US Highway 17-92
Haines City, FL 33844
Burger King Corporate Ground Lease · Retail Property For Sale

Investment Highlights
- 12.5% rent escalations every 5 years in base term and options
- Low Ground Lease Rent of $94,922
- Building is only 10 years old and has an updated architectural style.
- Corporate Lease
- 10 years of base term remaining
- Pad Site to Publix and Publix HQ is in the same county
Property Facts
- Fast Food
- General Retail Freestanding
- General Retail Restaurant
Amenities
- Drive Thru
- Air Conditioning
About 505 US HIGHWAY 17-92 , HAINES CITY, FL 33844
HMX Realty Advisors exclusively presents for sale a corporate Burger King Ground Lease (fee). This Burger King building was constructed in 2009 and is located off the intersection of US 17 (25,000 vpd) & Hwy 27 (42,000). It is a pad site to a Publix and Bealls anchored shopping center. Other tenants in this center include Dollar General, Enterprise Rent-a-Car, Advance America, and Anytime Fitness. Burger King has just over 10 years remaining on the base lease term. Location OverviewHaines City is located between Lakeland and Kissimmee in Florida, an income tax free state. It is in Polk County with a population of over 600,000. Haines City is part of the Lakeland–Winter Haven Metropolitan Statistical Area. The principal city in the MSA is Lakeland. According to a July 1, 2009 United States Census Bureau estimate, the MSA had a population of 583,403. Growth in Polk County is driven by nearness to both the Tampa and Orlando metropolitan areas along the Interstate 4 corridor. Recent growth has been heaviest in Lakeland (closest to Tampa) and the Northeast areas near Haines City (nearest to Orlando). In addition to developing cottage communities for commuters, there is evidence in Haines City of suburban sprawl into unincorporated areas. Polk County is the headquarters of Publix Supermarkets, a regional grocery chain and Polk's top private employer, as well as W. S. Badcock Corporation, Watkins Motor Lines, Saddle Creek Corporation, and IMC Agrico. Polk's location along the I-4 corridor is attracting warehouse and fulfillment center development in the north part of the county.
Links
Property Taxes
| Parcel Number | 27-27-29-777000-006010 | Improvements Assessment | $530,689 |
| Land Assessment | $297,165 | Total Assessment | $827,854 |
Property Taxes
Listing ID: 17761284
Date on Market: 11/19/2019
Last Updated:
Address: 505 US Highway 17-92, Haines City, FL 33844
The Retail Property at 505 US Highway 17-92, Haines City, FL 33844 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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