1333 SOUTH WEST MAIN BOULEVARD, Other City – In The State Of Florida
$2,356,000 USD
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| Address | 1333 SOUTH WEST MAIN BOULEVARD, Other City – In The State Of Florida |
| Type of Property | Retail |
| Type of Business | Commercial / Residential Income, Restaurant / Bar |
| Price | $2,356,000 |
| Property Status | Active |
| MLS Number | A11911235 |
| Property Size | 35284 |
| Lot Size | 35284 |
| Days on Market | 142 |
Detailed Description: Berlin Group is pleased to present this Sonic-leased property in Lake City, comprising approx. 1,412 sq.ft 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.
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Address Information
| State | Florida |
| City | Other City – In The State Of Florida |
| County | Other Florida County |
| Zip Code | 32025 |
| Address | 1333 SOUTH WEST MAIN BOULEVARD |
Financial Information
| Price | $2,356,000 |
| Price per Foot | $0 |
Full Descriptions
| Detailed Description | Berlin Group is pleased to present this Sonic-leased property in Lake City, comprising approx. 1,412 sq.ft 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. |
Property parameters
| Living Area | 35284 |
| Lot Size | 35284 |
| Total Acreage | 0.000 |
| Maximum Leasable Size | 35284 |
| Type of Property | Retail |
| Type of Business | Commercial / Residential Income, Restaurant / Bar |
| Street Direction | South West |
| Listed with | Berlin Group |