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1221 Saxon Blvd
Orange City, FL 32763
Sonic Drive-In · Retail Property For Sale
Investment Highlights
- 16+ Years Remaining on Primary Term | 4; 5 Year Option Periods Remaining with 1.50% Annual Increases
- 40,000+ Cars Per Day | Located Along Premier Retail Artery; Neighboring National Retailers Include Home Depot, Lowes, Target, Walmart, Publix
- 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
- Strong Unit Level Sales | Extremely Healthy Rent-to-Sales Ratio; Experienced Operator and Strong Guarantor (Contact broker for details)
- Absolute Net Lease | Zero Landlord Responsibilities | All Expenses Paid Directly by Tenant | Passive Ownership Structure
- Steady Population Growth with Population Expected to Grow 10% within 1 Mile over next 4 Years
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,603 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.00 AC
Zoning
01B4 - Commercial
Parking
25 Spaces (15.6 Spaces per 1,000 SF Leased)
Frontage
149’ on Saxon Blvd
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 8023-01-13-0160 | Improvements Assessment | $486,273 |
| Land Assessment | $392,436 | Total Assessment | $878,709 |
Property Taxes
Parcel Number
8023-01-13-0160
Land Assessment
$392,436
Improvements Assessment
$486,273
Total Assessment
$878,709
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