Prakas & Company is proud to exclusive list the former Sonny's BBQ Restaurant property FOR LEASE.
The subject property is located in Lake Worth, Florida. The property consists of a freestanding 5,856 square foot building + patio, with drive-through lane, on 1.29 acres of land. This building was constructed in 2000. The property is located 0.25 miles East of Jog Road on Lake Worth Road. Can be a fantastic casual footprint restaurant location for many different uses.
Basic Lease Terms:
Fifteen (15) Year Lease
Asking Price PSF: $25 Absolute Net
Three (3), Five (5) year options to renew
Absolute Net Lease with No Landlord Responsibilities
3% percent annual rent increases
Corporate and / or Personal Guarantee, at Seller / Landlord’s discretion
Some FF&E may be included
Tenant Improvement Allowance is negotiable
2020 RE Taxes: $25,658
Additional Details:
Ceiling Heights are 12'
68 exclusive parking spaces
Permitted Drive Thru in rear of the property
