Sonic - Orange City, FL

15-Year Absolute NNN Fast Food Drive-Thru | 1.50% Annual Rent Increases | Prime Saxon Blvd Retail Corridor (FL)

Presenting a highly desirable single-tenant commercial real estate investment opportunity: a 1,603-square-foot freestanding fast-food restaurant with a high-capacity drive-thru, situated on a generous 1.00-acre commercial parcel. Positioned along the high-traffic Saxon Boulevard retail corridor, this asset offers investors an exceptional combination of prime Florida real estate, strong tenant performance, and completely passive income.

The property is secured by a long-term Absolute Triple-Net (NNN) Lease with 15 years remaining on the primary term, featuring zero landlord responsibilities. Designed as a strong hedge against inflation, the lease includes predictable 1.50% annual rent escalations.

Backing the lease is an experienced operator and strong guarantor with a proven track record (contact broker for complete financial details). The site features exceptional unit-level sales figures and an extremely healthy rent-to-sales ratio, ensuring long-term operational sustainability.

Location highlights include prime placement on Saxon Boulevard (40,000+ cars per day) and immediate proximity to Florida's Turnpike (SR 91), which sees over 93,000 vehicles per day less than one mile away. Furthermore, as a dedicated fast-food facility with drive-thru infrastructure, qualified buyers may take advantage of significant Bonus and Accelerated Depreciation tax benefits under IRC guidelines (consult your CPA or tax professional for specific advice).

Key Investment Highlights

• 15-Year Absolute NNN Lease Structure: Enjoy 15 full years of hands-off cash flow with zero landlord management obligations—tenant covers all property taxes, insurance, building structure, and maintenance.

• Compounding 1.50% Annual Rent Increases: Provides a steady, predictable income growth curve throughout the primary lease term.

• Premier High-Traffic Retail Corridor: Located on Saxon Blvd capturing 40,000+ vehicles per day, situated less than 1 mile from Florida's Turnpike (SR 91) with traffic counts exceeding 93,000 VPD.

• Surrounded by Top National Retail Anchors: Positioned in a dense retail node alongside market-dominant brands including Walmart, Target, Home Depot, Lowe's, and Publix.

• Robust Unit-Level Performance: Demonstrates strong store sales metrics and a healthy rent-to-sales ratio, backed by an experienced operator and guarantor.

• Dense Florida Infill Demographics: Serves a growing population base exceeding 108,000 residents within a 5-mile trade radius.

• Optimal Drive-Thru Site Footprint: 1,603 SF Class B building situated on a spacious 1-acre parcel, featuring a dedicated turn lane, prominent pylon signage, a drive-thru lane, and 25 dedicated parking spaces (15.6 spaces per 1,000 SF).

• Potential Tax Benefits: Property setup offers eligibility for accelerated/bonus depreciation, maximizing post-tax investor returns.

Comprehensive Property & Lease Specifications

Location Analysis & Market Strength

Saxon Boulevard serves as the primary retail artery for the surrounding community, funneling dense suburban traffic directly to and from Florida's Turnpike. The site benefits from continuous daily consumer activity generated by neighboring regional anchors like Target, Walmart, Publix, and Home Depot.

With a full 1-acre parcel, exceptional parking capacity, dedicated turn-lane access, and high drive-thru throughput, this single-tenant NNN property represents an elite commercial asset built for stable, long-term wealth preservation.

Contact the listing broker today for complete financial breakdowns, lease summaries, and the full Offering Memorandum.