New Drive-Through
For Sale
Contact for pricing
143 NW Centurion Ct, Lake City, FL 32055
New construction with a 20-year absolute NNN lease and two five-year option periods.
Property SizeContact for details
Days on Market144
Property Features for 143 NW Centurion Ct
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Drive-Thru
Yes
Traffic Count
88,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
Wertz Real Estate Investment
(619) 218-6427
Listed By:
John Wertz · License #CA 01448585
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 7:28PM
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.
This newly constructed RibCrib drive-through restaurant is subject to a 20-year absolute NNN lease. The agreement provides 7.50% rental increases every 5-years during the primary term and the (2) five-year option periods.
The property is part of Gateway Crossing, a 28-acre retail development at the intersection of U.S. Route 90 and Interstate 75 in Lake City. The corridor reports over 88,000 vehicles per day and is positioned within the area’s primary retail concentration, alongside national retailers, restaurants, hotels, medical facilities, and auto dealerships.
The site is across from HCA Florida Lake City Medical Center, a 91-bed hospital treating over 60,000 patients annually. Approximately 80,000 residents live within a 15-mile radius, while Interstate 75 and U.S. Route 90 connect the property with Jacksonville, Tallahassee, and regional tourist and commercial traffic.
The property is part of Gateway Crossing, a 28-acre retail development at the intersection of U.S. Route 90 and Interstate 75 in Lake City. The corridor reports over 88,000 vehicles per day and is positioned within the area’s primary retail concentration, alongside national retailers, restaurants, hotels, medical facilities, and auto dealerships.
The site is across from HCA Florida Lake City Medical Center, a 91-bed hospital treating over 60,000 patients annually. Approximately 80,000 residents live within a 15-mile radius, while Interstate 75 and U.S. Route 90 connect the property with Jacksonville, Tallahassee, and regional tourist and commercial traffic.
Key Highlights
- Newly constructed RibCrib drive‑through restaurant
- 20‑year absolute NNN lease
- 7.50% rental increases every 5‑years in the primary term and (2) five‑year option periods
Property Analytics
Property Profile
Current Use
Lease Details
88,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - New construction with a 20-year absolute NNN lease and two five-year option periods.
Where is this drive through restaurant located?
The property is located at 143 NW Centurion Ct Lake City, FL.
What are key features of this property?
This property features: Newly constructed RibCrib drive‑through restaurant; 20‑year absolute NNN lease; 7.50% rental increases every 5‑years in the primary term and (2) five‑year option periods
