Skip to main content

Restaurant

Sonic

6250 Lake Worth Rd, Greenacres, FL 33463

Listing Price: $2,180,000

Cap Rate
5.00%
Tenant Name
Sonic
Years Remaining On Lease
15.6
Guarantor
Franchisee Guarantee
Rentable SF
1,767
Lease Type
Absolute Net
Rent Per Square Feet
$61.86

Investment Overview

Marcus and Millichap is proud to present the exclusive offering of a fee-simple, absolute net-leased Sonic Drive-In located at 6250 Lake Worth Road in Greenacres, Florida. The property is occupied by a nationally recognized quick-service restaurant with over 15 years remaining on a long-term lease featuring 1.5% annual rent increases and four 5-year renewal options. Positioned along a major commercial corridor with nearly 50,000 vehicles per day, the site benefits from exceptional visibility and dense surrounding retail. Located within the Miami–Fort Lauderdale–West Palm Beach MSA, the asset is supported by strong demographics and a growing population base, offering investors a stable, passive income opportunity backed by a proven tenant.

Investment Highlights

  • Miami-Fort Lauderdale-West Palm Beach Metropolitan Area - 6.1+ Million People in the Trade Area
  • Fronting the main commercial corridor Lake Worth Rd, which sees nearly 50,000 vehicles per day.
  • There are currently over 15 years remaining on the current term, plus an additional Four, 5-year options to renew.
  • Absolute Triple-Net Lease, Zero Landlord Responsibilities
  • Annual Rent Increases of 1.5%

Exclusively Listed By

Listing Price: $2,180,000

Cap Rate
5.00%
Tenant Name
Sonic
Years Remaining On Lease
15.6
Guarantor
Franchisee Guarantee
Rentable SF
1,767
Lease Type
Absolute Net
Rent Per Square Feet
$61.86

Investment Highlights

  • Miami-Fort Lauderdale-West Palm Beach Metropolitan Area - 6.1+ Million People in the Trade Area
  • Fronting the main commercial corridor Lake Worth Rd, which sees nearly 50,000 vehicles per day.
  • There are currently over 15 years remaining on the current term, plus an additional Four, 5-year options to renew.
  • Absolute Triple-Net Lease, Zero Landlord Responsibilities
  • Annual Rent Increases of 1.5%

Investment Overview

Marcus and Millichap is proud to present the exclusive offering of a fee-simple, absolute net-leased Sonic Drive-In located at 6250 Lake Worth Road in Greenacres, Florida. The property is occupied by a nationally recognized quick-service restaurant with over 15 years remaining on a long-term lease featuring 1.5% annual rent increases and four 5-year renewal options. Positioned along a major commercial corridor with nearly 50,000 vehicles per day, the site benefits from exceptional visibility and dense surrounding retail. Located within the Miami–Fort Lauderdale–West Palm Beach MSA, the asset is supported by strong demographics and a growing population base, offering investors a stable, passive income opportunity backed by a proven tenant.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower