1221 Saxon Blvd
Orange City, FL 32763
Orange City Estates
HIGHLIGHTS
- 16+ Years Remaining on Primary Term | 4; 5 Year Option Periods Remaining with 1.50% Annual Increases
- Strong Unit Level Sales | Extremely Healthy Rent-to-Sales Ratio; Experienced Operator and Strong Guarantor (Contact broker for details)
- 40,000+ Cars Per Day | Located Along Premier Retail Artery; Neighboring National Retailers Include Home Depot, Lowes, Target, Walmart, Publix
- Absolute Net Lease | Zero Landlord Responsibilities | All Expenses Paid Directly by Tenant | Passive Ownership Structure
- Dense Infill | 108,000+ People within 5 Miles; Located less than 1 Mile from Florida Turnpike 91 | Vehicle Counts Exceed 93,000 Car Per Day
- Steady Population Growth with Population Expected to Grow 10% within 1 Mile over next 4 Years
FOR SALE DETAILS
PRICE
$2,335,000 USD
PRICE/SF
$1,476 USD /SF
CAP RATE
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
2004
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
01B4
APN/PARCEL ID
8023-01-13-0160
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