6250 Lake Worth Rd - Fast Food FOR SALE


Greenacres, FL 33463
$2,180,000 USD
786-522-7062
6250 Lake Worth Rd, Greenacres, FL for Sale
$2,180,000 USD
Fast Food - FOR SALE
1/10
null | 5.01% Cap Rate

6250 Lake Worth Rd
Greenacres, FL 33463


HIGHLIGHTS

  • Absolute Net Lease - Zero Landlord Responsibilities
  • Long Term Lease - 15.7 years remaining on the current base term + four, 5-yr options to renew
  • Annual 1.5% Rent Increases
  • Nearly 50,000 Vehicles Per Day
  • Dense Population - 300,000 people within a 5-mile radius

OVERVIEW

Marcus and Millichap is proud to present the exclusive offering of a fee-simple, absolute net-leased Sonic Drive-In located at 6250 Lake Worth Road in Greenacres, Florida. The property is occupied by a nationally recognized quick-service restaurant with over 15.5 years remaining on a long-term lease featuring 1.5% annual rent increases and four, 5-year renewal options. Positioned along a major commercial corridor with nearly 50,000 vehicles per day, the site benefits from exceptional visibility and dense surrounding retail. Located within the Miami–Fort Lauderdale–West Palm Beach MSA, the asset is supported by strong demographics and a growing population base, offering investors a stable, passive income opportunity backed by a proven tenant.

FOR SALE DETAILS

PRICE

$2,180,000 USD

PRICE/SF

$1,234 USD /SF

CAP RATE

5.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sonic

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

MUPD

APN/PARCEL ID

18-42-44-27-32-002-0000

ASK ABOUT THIS PROPERTY

Alyssa ArmstrongMarcus & MillichapMore Info
786-522-7062

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Alyssa ArmstrongMarcus & MillichapMore Info
786-522-7062

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