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Sonic 908 Blanding Blvd 1,567 SF Retail Building Orange Park, FL 32065 $1,323,148 ($844.38/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 908 Blanding Blvd, Orange Park, FL 32065. The site consists of roughly 1,567 rentable square feet of building space on an estimated 0.91-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 $69,465 and has scheduled increases of 1.50% annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,567 SF
Building Class
B
Year Built
2002
Price
$1,323,148
Price Per SF
$844.38
Cap Rate
5.25%
NOI
$69,465
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.91 AC
Zoning
BB
Frontage
163’ on Blanding Blvd
Amenities
- Pylon Sign
Nearby Major Retailers
Property Taxes
| Parcel Number | 23-04-25-020392-008-05 | Improvements Assessment | $276,689 |
| Land Assessment | $643,950 | Total Assessment | $920,639 |
Property Taxes
Parcel Number
23-04-25-020392-008-05
Land Assessment
$643,950
Improvements Assessment
$276,689
Total Assessment
$920,639
Contacts
-
Glen Kunofsky -
Kyle Karsian -
Patrick Finn -
Walker Stevens -
Christopher Marks -
Surmount
1 of 3
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Photos
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Sonic | 908 Blanding Blvd
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