1333 SW Main Boulevard Active

Other City - In The State Of Florida,FL 32025

$ 2356000

- Bed

0 Bath

1412 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 1,412 sqft

Price per Sqft $1,668

MLS Listing ID A11911235

Lot Size 0.810 Acres

Property Sub-Type Retail

Property Description

Berlin Group is pleased to present this Sonic-leased property in Lake City, comprising approx. 1,412 square feet with a drive-thru lane and multiple covered carhop stalls. The property benefits from prime frontage along SW Main Boulevard, the market's main commercial corridor with excellent visibility and traffic counts of roughly 20,000 vehicles per day.

This Sonic has over 16 years remaining on an Absolute NNN lease with a top-200 franchisee, one of the brand's most successful operators, providing investors with long-term, stable cash flow and truly passive ownership. The current annual rent is approx. $130K and is scheduled to increase by 7% in January 2027 followed by subsequent increases every five years.

Location

State FL

County Other

Area 5940 Florida Other

Others

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