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Restaurant

Sonny's BBQ

5324 Bruce B Downs Blvd, Wesley Chapel, FL 33543

Listing Price: $3,714,000

Cap Rate
5.25%
Tenant Name
Sonny's BBQ
Years Remaining On Lease
10.3
Guarantor
Local Franchisee
Rentable SF
6,104
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.95

Investment Overview

Marcus & Millichap is pleased to present Sonny's BBQ, a 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 Wesley Chapel, FL. This unique investment opportunity is ideally positioned in an area of unparalleled population growth. Additionally, this location is located 2 parcels from one of the busiest intersections in Pasco with an enormous traffic count of over 82,500 ADT. The location has a long, 24 year successful operating history with a growing built in customer base with numerous immediate retail options such as Walmart, Chick-fil-A, Wawa, Taco Bell, Dunkin, AT&T, Burger King, Wendy’s, Popeye’s and many more. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.

Investment Highlights

  • Absolute NNN Lease | Zero Landlord Responsibilities
  • $1.1MM Complete Store Remodel In 2020
  • Proven Location with 24 Year Successful Operating History
  • 2 Parcels From One of the Busiest Intersections in Pasco County With an Enormous Traffic Count of Over 82,500 ADT
  • ½ mile North of the 318,000 sq. ft. New BayCare Hospital Wesley Chapel
  • Unparalleled EXPLOSION of Population Growth - From 2015-2020, there was an unparalleled 20%+ growth in population.

Exclusively Listed By

Listing Price: $3,714,000

Cap Rate
5.25%
Tenant Name
Sonny's BBQ
Years Remaining On Lease
10.3
Guarantor
Local Franchisee
Rentable SF
6,104
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.95

Investment Highlights

  • Absolute NNN Lease | Zero Landlord Responsibilities
  • $1.1MM Complete Store Remodel In 2020
  • Proven Location with 24 Year Successful Operating History
  • 2 Parcels From One of the Busiest Intersections in Pasco County With an Enormous Traffic Count of Over 82,500 ADT
  • ½ mile North of the 318,000 sq. ft. New BayCare Hospital Wesley Chapel
  • Unparalleled EXPLOSION of Population Growth - From 2015-2020, there was an unparalleled 20%+ growth in population.

Investment Overview

Marcus & Millichap is pleased to present Sonny's BBQ, a 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 Wesley Chapel, FL. This unique investment opportunity is ideally positioned in an area of unparalleled population growth. Additionally, this location is located 2 parcels from one of the busiest intersections in Pasco with an enormous traffic count of over 82,500 ADT. The location has a long, 24 year successful operating history with a growing built in customer base with numerous immediate retail options such as Walmart, Chick-fil-A, Wawa, Taco Bell, Dunkin, AT&T, Burger King, Wendy’s, Popeye’s and many more. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.

Exclusively Listed By

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