New Drive-Through Restaurant
For Sale
Contact for pricing
1955 Ohio Ave N, Live Oak, FL 32064
New Hwy 55 drive-thru with a 20-year absolute NNN lease corporately guaranteed, including 7.5% rent increases every five years.
Property SizeContact for details
Days on Market144
Property Features for 1955 Ohio Ave N
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Wertz Real Estate Investment
(619) 218-6427
Listed By:
John Wertz · License #CA 01448585
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 7:49AM
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 Hwy 55 Burgers, Shakes & Fries drive-through restaurant offered for sale on a 20-year absolute NNN lease. The lease is corporately guaranteed by Hwy 55 and includes 7.50% rental increases every five years during the primary term and throughout the two additional five-year option periods.
The property is positioned at the entrance to a brand-new 80-unit residential development, adjacent to a brand-new Publix. It is directly across from a Lowe’s Home Improvement Center and shares access with a brand-new Popeyes. The site is located immediately off Interstate 10 and Ohio Ave N in a rapidly growing retail trade area, with traffic counts exceeding 50,000 vehicles per day. A new Kubota Tractor location is planned to add to the area’s retail mix, alongside national retailers including Popeyes, Lowe’s, ALDI, Publix, Dollar Tree, Tractor Supply Company, AT&T, Murphy USA, Wal-Mart, Wendy’s, Zaxby’s, McDonald’s, Waffle House, and Taco Bell.
The property is positioned at the entrance to a brand-new 80-unit residential development, adjacent to a brand-new Publix. It is directly across from a Lowe’s Home Improvement Center and shares access with a brand-new Popeyes. The site is located immediately off Interstate 10 and Ohio Ave N in a rapidly growing retail trade area, with traffic counts exceeding 50,000 vehicles per day. A new Kubota Tractor location is planned to add to the area’s retail mix, alongside national retailers including Popeyes, Lowe’s, ALDI, Publix, Dollar Tree, Tractor Supply Company, AT&T, Murphy USA, Wal-Mart, Wendy’s, Zaxby’s, McDonald’s, Waffle House, and Taco Bell.
Key Highlights
- New Hwy 55 Burgers, Shakes & Fries drive‑thru with a newly constructed site
- 20‑year absolute NNN lease corporately guaranteed by Hwy 55
- Lease includes 7.5% rental increases every 5 years during the primary term and both (2) five‑year option periods
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
312
Businesses Nearby
5k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 75%
Home Improvements & Furnishings 25%
Walt's Live Oak Ford
Shops & Services
2,631 visits/mo
0.1 miles
Enterprise Rent-A-Car
Shops & Services
1,333 visits/mo
0.4 miles
Badcock Home Furniture & More
Home Improvements & Furnishings
1,325 visits/mo
0.3 miles
Demographics for 32064, FL
7,495
Population
3,645
Households
2.1
Avg Household Size
41
Median Age
15%
College-Educated
90%
High-School Grad
9.3 sq mi
ZIP Area
806
Density / Sq Mi
$50,315
Median Household Income
$28,625
Median Earnings
$908
Median Rent
$164,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - New Hwy 55 drive-thru with a 20-year absolute NNN lease corporately guaranteed, including 7.5% rent increases every five years.
Where is this drive through restaurant located?
The property is located at 1955 Ohio Ave N Live Oak, FL.
What are key features of this property?
This property features: New Hwy 55 Burgers, Shakes & Fries drive‑thru with a newly constructed site; 20‑year absolute NNN lease corporately guaranteed by Hwy 55; Lease includes 7.5% rental increases every 5 years during the primary term and both (2) five‑year option periods
