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Newly Constructed Drive-Through Restaurant
For Sale
Contact for pricing

228 NW Centurion Ct, Lake City, FL 32055

New Big Chicken drive-thru with an absolute NNN lease and a 20-year term.

Property SizeContact for details
Days on Market122

Property Features for 228 NW Centurion Ct

General Information

Standard status Active
Property subtype Retail
Lease Type NNN

Site & Location

Traffic Count 88,000 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Lease Term 240 months
Listing Agency: Wertz Real Estate Investment
Listed By: John Wertz · License #CA 01448585
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 3:19PM

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 Big Chicken drive-thru restaurant available for sale. The property is covered by a brand-new 20-year absolute NNN lease, with 7.50% rental increases every five years during the primary term and both (2) five-year option periods.

The site is located within Gateway Crossing, a 28-acre retail development at the intersection of U.S. Route 90 and Interstate 75 near Lake City (outside Jacksonville), Florida. The corridor has strong visibility and access along I-75 and U.S. Hwy 90, which the remarks state carry over 88,000 vehicles per day. The property is across from HCA Florida Lake City Medical Center, described as a 91-bed hospital treating over 60,000 patients annually, and the surrounding retail mix includes major national tenants.

Key Highlights

  • New Big Chicken drive‑thru with a brand new 20‑year absolute NNN lease
  • Lease includes 7.50% rental increases every 5 years during the primary term and in two 5‑year option periods
  • Located at the intersection of U.S. Route 90 and Interstate 75 in the Gateway Crossing 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.

Lease Details

88,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby
244k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Shops & Services 25% Hotels & Casinos 9%
Texas Roadhouse Dining
40,057 visits/mo 0.3 miles
Cracker Barrel Old Country Store Dining
30,395 visits/mo 0.4 miles
Burger King Dining
26,507 visits/mo 0.5 miles
Chevron Shops & Services
25,964 visits/mo 0.4 miles
Exxon Shops & Services
24,169 visits/mo 0.5 miles

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 - New Big Chicken drive-thru with an absolute NNN lease and a 20-year term.
Where is this drive through restaurant located?
The property is located at 228 NW Centurion Ct Lake City, FL.
What are key features of this property?
This property features: New Big Chicken drive‑thru with a brand new 20‑year absolute NNN lease; Lease includes 7.50% rental increases every 5 years during the primary term and in two 5‑year option periods; Located at the intersection of U.S. Route 90 and Interstate 75 in the Gateway Crossing 28‑acre retail development
(619) 218-6427 Call to check price and availability
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