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Bob Evans - Lakeland FL 3130 US Highway 98 N

5,142 SF Retail Building Lakeland, FL 33805 $5,284,328 CAD ($1,028 CAD/SF) 5.50% Cap Rate

Investment Highlights

  • Located within the I-4 corridor, the main interstate connecting Tampa (36 miles) and Orlando (60 miles); it is one of the fastest growing, most prospe
  • More than 148,000 residents and 62,000 employees
  • Lakeland is currently growing at a rate of 2.28% annually and its population has increased by 9.81% since the most recent census

Executive Summary

Lakeland - 2.28% Annual Growth | Fronting US Hwy 98 (58,000 VPD) & Directly Off I-4 (111,500 VPD)

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,142 SF
Building Class
B
Year Built
1984
Price
$5,284,328 CAD
Price Per SF
$1,028 CAD
Cap Rate
5.50%
NOI
$290,638 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.08 AC
Opportunity Zone
Yes
Zoning
C-2

Nearby Major Retailers

Denny's
Waffle House
Miller's Ale House
Longhorn Steakhouse
Hooters
IHOP
Steak ‘n Shake
Suncoast Credit Union
LA Fitness
Food Universe Marketplace

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-28-01-000000-031190
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,710,800 CAD
  • Listing ID: 33367693

  • Date on Market: 2024-10-01

  • Last Updated:

  • Address: 3130 US Highway 98 N, Lakeland, FL 33805

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