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New Sonic Drive-In NNN Lease
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211 NW Centurion Ct, Lake City, FL 32055

Newly constructed Sonic Drive-In offered with a 20-year absolute NNN lease.

Property SizeContact for details
Days on Market143

Property Features for 211 NW Centurion Ct

General Information

Standard status Active
Property subtype Retail
Listing Agency: Wertz Real Estate Investment
Listed By: John Wertz · License #CA 01448585
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 2:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wertz Real Estate Investment

Investment Insights

Based on property information with market context.

Newly constructed Sonic Drive-In in Lake City, Florida, offered for sale with a 20-year absolute NNN lease. The lease structure includes 7.50% rental increases every five years during the primary term and through the two additional five-year option periods.

The property is located within Gateway Crossing, a 28-acre retail development at the intersection of U.S. Route 90 and Interstate 75. The corridor is described as having high visibility and access along I-75 and U.S. Hwy 90, which is stated to carry over 88,000 vehicles per day.

The surrounding retail area includes major national tenants, and the site is across from HCA Florida Lake City Medical Center. The property is also positioned within proximity to hotels, medical-related facilities, and auto dealerships, supporting a consistent mix of nearby activity.

Key Highlights

  • Newly constructed Sonic Drive‑In in Lake City (outside Jacksonville), FL
  • 20‑year absolute NNN lease with 7.50% rental increases every 5 years during the primary term and (2) five‑year options
  • Located at the intersection of U.S. Route 90 and Interstate 75 within Gateway Crossing, a 28‑acre retail development

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Plumbing Service Building Supply Auto Repair Shop Furniture & Home Goods Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 32055, FL

16,624
Population
7,498
Households
2.2
Avg Household Size
42
Median Age
18%
College-Educated
84%
High-School Grad
184.4 sq mi
ZIP Area
90
Density / Sq Mi
$57,328
Median Household Income
$30,840
Median Earnings
$873
Median Rent
$161,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Newly constructed Sonic Drive-In offered with a 20-year absolute NNN lease.
Where is this drive through restaurant located?
The property is located at 211 NW Centurion Ct Lake City, FL.
What are key features of this property?
This property features: Newly constructed Sonic Drive‑In in Lake City (outside Jacksonville), FL; 20‑year absolute NNN lease with 7.50% rental increases every 5 years during the primary term and (2) five‑year options; Located at the intersection of U.S. Route 90 and Interstate 75 within Gateway Crossing, a 28‑acre retail development
(619) 218-6427 Call to check price and availability
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