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SONIC 6350 103rd St 1,804 SF Retail Building Jacksonville, FL 32210 $1,722,787 ($954.98/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand-New Long-Term Lease
- Attractive Annual Rental Increases
- Strong Franchisee Guarantee
- Income Tax Free State
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Sonic located at 6350 103rd Street, Jacksonville, FL 32210. The site consists of roughly 1,804 rentable square feet of building space on an estimated 0.86-acre parcel of land. This Sonic is subject to a 20-year Triple Net (NNN) lease, which commenced 6/1/2025. The current annual rent is $90,446 and has scheduled increases of 1.50% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,804 SF
Building Class
B
Year Built
2007
Price
$1,722,787
Price Per SF
$954.98
Cap Rate
5.25%
NOI
$90,446
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.86 AC
Zoning
CCG-1
Frontage
93’ on 103rd St
AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 097824-0000 | Improvements Assessment | $348,386 |
| Land Assessment | $1,087,614 | Total Assessment | $1,436,000 |
PROPERTY TAXES
Parcel Number
097824-0000
Land Assessment
$1,087,614
Improvements Assessment
$348,386
Total Assessment
$1,436,000
CONTACTS
-
Glen Kunofsky -
Kyle Karsian -
Patrick Finn -
Walker Stevens -
Christopher Marks -
Surmount
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