Property Description
- Low ground lease rent of $94,922 and corporate lease
- 12.5% rent escalations every 5 years
- 10 Years remaining on the lease
- Pad Site to a Publix, Bealls and Dollar General anchored shopping center
- Located off intersection of US 17 (25,000 VPD) & Hwy 27 (42,000 VPD)
- Haines City is 35+/- miles south west of Orlando and 20 +/- miles east of Lakeland, FL
- Publix is the dominant retail center in the area
- McDonald’s is on the next block on the same side of US-17
- Paying Rent and Corporately Guaranteed
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.