

1333 SW Main Blvd
Sonic | Florida | 6.25% Cap | 15 Year Lease | $2,218,720
Marketing description
Prime NNN Investment Opportunity | Sonic Drive-In
Discover a premier, hands-off investment opportunity with this absolute NNN Sonic Drive-In located at 1333 SW Main Blvd, Lake City, FL 32025. Offered at $2,218,720 with an attractive 6.25% CAP rate, this property delivers zero landlord responsibilities and a reliable annual rent of $138,670. Built in 2021, the modern 1,371 square-foot building sits on a spacious 0.81-acre lot and benefits from a long-term lease extending through December 2041, complete with scheduled 7% rent increases every five years and two 5-year renewal options.
Investors will enjoy immediate financial peace of mind, as the lease is personally guaranteed by a top-200 franchisee and one of Sonic's largest operators. Positioned perfectly in Florida—a highly desirable, income tax-free state—the property commands exceptional visibility with a strong traffic count of 18,119 vehicles per day along the bustling SW Main Blvd corridor. Located in a dense retail hub nearby major national tenants like Walmart, Publix, and Lowe's, as well as the HCA Florida Lake City Hospital, this location ensures a steady stream of consumer traffic backed by steady regional population growth projections. Take advantage of secure, passive cash flow paired with a dominant national brand in a booming market.
Investment highlights
- Property was constructed in 2021
- Located in Florida which is an income tax free state
- Long term lease personally guaranteed by a strong operator
- Strong traffic counts on SW Main Blvd
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