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Restaurant

Dark Sonic Drive-In

825 N Temple Ave, Starke, FL 32091

Listing Price: $1,100,000

Cap Rate
9.93%
Tenant Name
Dark Sonic
Years Remaining On Lease
16.9
Guarantor
Franchisee Guarantee
Rentable SF
1,419
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$76.98

Investment Overview

Affordable Entry Point | The property’s pricing offers a low-cost entry into the Florida commercial real estate market, making it accessible to both seasoned investors and owner-operators. Comparable properties in nearby Jacksonville or Gainesville command significantly higher prices

Investment Highlights

  • Existing Lease Cash Flow | The franchisee remains obligated to pay rent for the next 16 years, ensuring a stable short-term income stream despite the property being dark.
  • Rent Escalations |The lease includes 7% rent escalations every 5 years, which increases the property's income potential over time
  • Prime Repositioning Opportunity | The site's current configuration as a drive-in makes it an excellent candidate for repurposing into a drive-thru restaurant, automotive service center, retail hub

Exclusively Listed By

  • Dustin R. Alvino

    Senior Vice President Investments

    (702) 215-7120

    Email Dustin

    License(s): NV: BS.0143692, NJ: 2294556

    Las Vegas

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Restaurant

Dark Sonic Drive-In

Listing Price: $1,100,000

Cap Rate
9.93%
Tenant Name
Dark Sonic
Years Remaining On Lease
16.9
Guarantor
Franchisee Guarantee
Rentable SF
1,419
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$76.98

Investment Highlights

  • Existing Lease Cash Flow | The franchisee remains obligated to pay rent for the next 16 years, ensuring a stable short-term income stream despite the property being dark.
  • Rent Escalations |The lease includes 7% rent escalations every 5 years, which increases the property's income potential over time
  • Prime Repositioning Opportunity | The site's current configuration as a drive-in makes it an excellent candidate for repurposing into a drive-thru restaurant, automotive service center, retail hub

Investment Overview

Affordable Entry Point | The property’s pricing offers a low-cost entry into the Florida commercial real estate market, making it accessible to both seasoned investors and owner-operators. Comparable properties in nearby Jacksonville or Gainesville command significantly higher prices

Exclusively Listed By

  • Dustin R. Alvino

    Senior Vice President Investments

    (702) 215-7120

    Email Dustin

    License(s): NV: BS.0143692, NJ: 2294556

    Las Vegas

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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