High Traffic Starbucks and Five Guys Directly Off Interstate 4 Listing Details & Market Data

Discover an exceptional investment opportunity in Lakeland, Florida, where a meticulously maintained property hosts two esteemed tenants—Starbucks and Five Guys—both firmly rooted since 2007. Starbucks, occupying 1,816 sq. ft. and renovated in 2017, exhibits a commitment to the location through a lease term extending to 2/28/28, with five 5-year options and an annual base rent of $137,950 ($75.96 PSF). Similarly, Five Guys, utilizing 2,634 sq. ft. and renovated in 2017, showcases its success with a lease term until 10/31/27 and an annual base rent of $118,793 ($45.10 PSF). Both tenants reimburse the landlord for taxes, property insurance, and common area maintenance, while the landlord oversees roof and structure responsibilities. With modest annual maintenance costs ranging from $500 to $1,000, this investment guarantees an efficiently managed property.

Strategically positioned with strong visibility and multiple ingress/egress points directly to Interstate 4, Florida’s most traveled interstate, the property is a cornerstone at the on/off ramp to I-4, connecting Lakeland between Orlando and Tampa Bay. The city’s strategic location, population growth of 15% from 2010 to 2020, and its proximity to Tampa, Orlando, and coastal destinations make Lakeland one of the hottest real estate markets. National publications endorse Lakeland as an ideal place to retire and one of the safest places to live.

This investment proposition not only promises stability and income generation through long-term, corporate-guaranteed leases but also emphasizes the tenants’ commitment with substantial investments of over $200,000 each. Lakeland’s thriving real estate market adds an extra layer of appeal to this offering. Don’t miss out on this unique chance to secure a property with assured returns and strategic significance.