New Drive-Through Restaurant
1955 Ohio Ave N Live Oak, FL 32064
1955 Ohio Ave N, Live Oak, FL, 32064
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For Sale
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New Hwy 55 drive-thru with a 20-year absolute NNN lease corporately guaranteed, including 7.5% rent increases every five years.
Days on Market102
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 Updated: Jul 21 at 7:49AM 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
Location Intelligence
Current Use by Public Records
Drive through restaurants
Similar For Sale Nearby
FAQs
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
