2859 Crawfordville Hwy - Fast Food FOR SALE


Crawfordville, FL 32327- Leon Wakulla
$1,745,000 USD
305-281-8087
2859 Crawfordville Hwy, Crawfordville, FL for Sale
$1,745,000 USD
Fast Food - FOR SALE
1/6
null | 5.5% Cap Rate

2859 Crawfordville Hwy
Crawfordville, FL 32327
Leon Wakulla


HIGHLIGHTS

  • Brand New 20-Year Absolute NNN Lease
  • 5% Increases Every Five Years
  • Rare Percentage Rent Clause
  • Operated by a Top-200 Franchisee and One of Sonic‘s Largest Operators
  • Crawfordville Population Has Grown 38% Since 2020, Increasing 3% Annually
  • Close Proximity to Publix, CVS, Aldi, Starbucks, and Other National Retailers

OVERVIEW

Berlin Group is pleased to present this Sonic-leased property in Crawfordville, featuring a drive-thru lane and multiple covered carhop stalls. The property benefits from prime frontage along Crawfordville Highway, the area’s main traffic corridor with excellent visibility and traffic counts of approx. 21,000 vehicles per day. The asset is secured by a brand-new 20-year absolute NNN lease with a US top-200 franchisee, one of the brand’s most successful operators. The lease includes a rare percentage rent clause, offering additional rental upside and enhancing long-term income potential for investors.

FOR SALE DETAILS

PRICE

$1,745,000 USD

PRICE/SF

$1,149 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sonic Drive-In

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,985 SF

ZONING

UC

APN/PARCEL ID

00-00-077-020-10610-001,00-00-077-020-10611-000

ASK ABOUT THIS PROPERTY

Benedict GutierrezBerlin GroupMore Info
305-281-8087

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Benedict GutierrezBerlin GroupMore Info
305-281-8087

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.