Property Description

Berlin Group is pleased to present this Sonic-leased property in Lake City, comprising approx. 1,412 square feet with a drive-thru lane and multiple covered carhop stalls. The property benefits from prime frontage along SW Main Boulevard, the markets main commercial corridor with excellent visibility and traffic counts of roughly 20,000 vehicles per day.This Sonic has over 16 years remaining on an Absolute NNN lease with a top-200 franchisee, one of the brands most successful operators, providing investors with long-term, stable cash flow and truly passive ownership. The current annual rent is approx. $130K and is scheduled to increase by 7% in January 2027 followed by subsequent increases every five years.

Property Features