825 N Temple Ave | Starke, FL 32091
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- LoopNet Team
825 N Temple Ave
Starke, FL 32091
SONIC - STARKE, FL · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- Lease is Personally Guaranteed by the Operator (Net Worth in Excess of $28,000,000)!
- Great Visibility & Access on N Temple Ave where Traffic Counts Exceed 31,240 CPD!
- onstore 5185 Starke FL, LLC Operates a Total of 19 Sonic Drive-In Restaurants, 1 Rib Crib Restaurant, and a Number of Other Restaurants
- Successfully Open & Operating for Decades with a Recent 20-Year Lease Commitment - Open/Paying Rent Through COVID with Full Drive-Thru!
- 2021 DEMOGRAPHICS: Total Population (5-MI): 12,590 | Average Household Income (3-MI): $61,290
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,419 SF
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.56 AC
Zoning
Commercial
Frontage
120’ on Temple Ave
AMENITIES
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Number | 03646-0-00000 | Improvements Assessment | $236,259 |
| Land Assessment | $76,337 | Total Assessment | $312,596 |
PROPERTY TAXES
Parcel Number
03646-0-00000
Land Assessment
$76,337
Improvements Assessment
$236,259
Total Assessment
$312,596
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