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$ 1,745,000
Est. payment | /mo
1,498 SqFt
$ 1,745,000
Est. payment | /mo
1,498 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,498 sqft
Price per Sqft $1,164
MLS Listing ID A11894300
Style Detached
HOA Y/N No
Lot Size 0.340 Acres
Property Sub-Type Retail
Property Description
Berlin Group is pleased to present this Sonic-leased property in Crawfordville, comprising approx. 1,498 square feet with a drive-thru lane and multiple covered carhop stalls. The property benefits from prime frontage along Crawfordville Highway, the market's main commercial corridor with excellent visibility and traffic counts of roughly 21,000 vehicles per day. The asset is secured by a brand-new 20-year absolute NNN lease with a top-200 Sonic franchisee, one of the brand's most successful operators, providing investors with long-term, stable cash flow, and truly passive ownership. Notably, the lease includes a rare percentage rent clause, offering investors potential upside in addition to the base rent.
Location
State FL
County Hillsborough
Area 5940 Florida Other
Exterior
Private Pool Yes
Building
Architectural Style Detached
Others
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11894300
Listed by Berlin Group