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Restaurant

Sonny's Real Pit BBQ

631 67th St Cir E, Bradenton, FL 34208

Listing Price: $3,635,000

Cap Rate
5.01%
Tenant Name
Southwest Bar-B-Q Inc
Years Remaining On Lease
11.4
Guarantor
Regional Franchisee
Rentable SF
5,864
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.05

Investment Overview

Marcus & Millichap is pleased to present Sonny's Real Pit Bar-B-Q - Bradenton, a truly rare investment opportunity for an investor to purchase a truly iconic brand with a proven track record of success in a quickly growing submarket of Bradenton, FL. Additionally, this location is located right off I-75, has a long successful operating history with a growing, built-in customer base. There are numerous surrounding retailers such as McDonald’s, Walmart, Cracker Barrel, Subway, Starbucks, and Publix in the area. This local BBQ restaurant is a true destination and institution in the community due to the highest quality BBQ in the Southeast.

Investment Highlights

  • NNN Lease | No Landlord Responsibilities - Regional Franchisee Guaranteed Lease
  • Top Performing Location - Huge Upward Trending Sales and Extremely Low and Healthy Rent to Sales Ratio
  • Recently completely reimaged store demonstrating tenant's commitment to the location – created significant sales increase
  • Iconic Brand - Recession and E-Commerce Proof Concept
  • Ideally Located in the Heart of Dense Retail - Immediately Surrounded by Cracker Barrel, Days Inn, McDonald's, Waffle House, Publix, and more
  • Large Population Density - 115K+ Within a 5-mile Radius

Exclusively Listed By

Restaurant

Sonny's Real Pit BBQ

Listing Price: $3,635,000

Cap Rate
5.01%
Tenant Name
Southwest Bar-B-Q Inc
Years Remaining On Lease
11.4
Guarantor
Regional Franchisee
Rentable SF
5,864
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.05

Investment Highlights

  • NNN Lease | No Landlord Responsibilities - Regional Franchisee Guaranteed Lease
  • Top Performing Location - Huge Upward Trending Sales and Extremely Low and Healthy Rent to Sales Ratio
  • Recently completely reimaged store demonstrating tenant's commitment to the location – created significant sales increase
  • Iconic Brand - Recession and E-Commerce Proof Concept
  • Ideally Located in the Heart of Dense Retail - Immediately Surrounded by Cracker Barrel, Days Inn, McDonald's, Waffle House, Publix, and more
  • Large Population Density - 115K+ Within a 5-mile Radius

Investment Overview

Marcus & Millichap is pleased to present Sonny's Real Pit Bar-B-Q - Bradenton, a truly rare investment opportunity for an investor to purchase a truly iconic brand with a proven track record of success in a quickly growing submarket of Bradenton, FL. Additionally, this location is located right off I-75, has a long successful operating history with a growing, built-in customer base. There are numerous surrounding retailers such as McDonald’s, Walmart, Cracker Barrel, Subway, Starbucks, and Publix in the area. This local BBQ restaurant is a true destination and institution in the community due to the highest quality BBQ in the Southeast.

Exclusively Listed By

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