Property History
On behalf of the owner, United Commercial Real Estate is exclusively offering for sale one free-standing Sonny's BBQ restaurant, which the owner will leaseback upon completion of the sale. As part of the sale-leaseback, the Sonny’s BBQ franchisee will enter into a new lease that will commence at closing and be guaranteed by the franchisee.
25-Year Operating History at this Location with low Rent-to-Sales ratio
Largest & Oldest Sonny's BBQ Franchisee
Major Retail Corridor Just Off of I-95
New NNN Long-Term Lease with Annual Increases of 1.50%
$1 million remodel underway
Excellent Franchisee
The franchisee, iServ BBQ LLC, is a family run business that has owned and operated Sonny’s BBQ restaurants for 45-years, going back to 1977, when they became the first franchisee
iServ BBQ LLC is the largest Sonny’s BBQ franchisee, currently operating 28 locations with two more coming soon
Irreplaceable Location with Drive-Thru
Just over a ½-mile from I-95, adjacent to Winn Dixie and Lowes Home Improvement – the next closest home improvement store is over 20 minutes away
Major Retail Corridor
Sonny’s BBQ sits in the middle of a 2.3-mile stretch along Boone Street and Highway-40 that includes: McDonalds, Burger King, Dunkin Donuts, CVS, Panera Bread, BP Gas, KFC, Winn Dixie, Chic-fil-a, Zaxby’s, Lowes, Circle K, Starbucks, Long Horn Steakhouse, Planet Fitness, Publix, Tractor Supply Co., Waffle House, Tire Kingdom, RaceTrac, Walmart Supercenter, over a dozen hotels & more
Very well-established Sonny's BBQ location
The restaurant has been operating as a Sonny’s BBQ since 1997 and was recently acquired by iServ BBQ LLC
Rent-to-Sales ratio just over 7%
2022 Remodel
The tenant will spend approximately $1,000,000 remodeling the restaurant, demonstrating their commitment to the location
Renovations have started and are expected to be completed by year-end
Sales at remodeled restaurants typically increase by 10% annually
Visibility
The site benefits from great visibility along both Boone Street and Highway-40 / E. King Avenue
New ±14-year Lease with Annual Bumps
The tenant is entering into a new NNN lease at closing with annual increases of 1.5% - the initial lease term will expire on 8/31/2036
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
Contacts
Map
Comparable Properties
Does any data look off? Help us improve Crexi by offering your feedback!






