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Sonic Drive-Through Restaurant
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2312 N Roosevelt Blvd, Key West, FL 33040

Single-tenant operation with an absolute NNN lease and prominent signage along Key West’s primary commercial corridor.

Property SizeContact for details
Days on Market143

Property Features for 2312 N Roosevelt Blvd

General Information

Standard status Active
Property subtype Retail
Listing Agency: Vero Capital Group
Listed By: Michael Talbert · License #SL3418448
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 2:17PM

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 Vero Capital Group

Investment Insights

Based on property information with market context.

This single-tenant Sonic Drive-In occupies a drive-through restaurant property on North Roosevelt Boulevard in Key West. The lease is structured as absolute NNN, with more than 13 years remaining on the original 20-year term, four additional 5-year renewal options, and 10% rent increases scheduled every 5 years during the initial term and options.

The property sits along Key West’s primary commercial corridor, with prominent signage and multiple access points. North Roosevelt Boulevard connects with a broad mix of national retailers and attractions and continues toward downtown Key West. Key West International Airport and Key West High School are both less than a mile away, while Duval Street and the downtown area are a short drive from the site.

Key Highlights

  • Single‑tenant Sonic Drive‑In with an absolute NNN lease
  • More than 13 years remaining on the original 20‑year lease term
  • Four (4), 5‑year renewal options

Property Analytics

Current Use

Sonic Drive-In Restaurant B&LchimneySweep&dryerVent Corporate Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Cosmetic Store Daycare Center Auto Repair Shop Dental Office

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

1,650
Businesses Nearby
197k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Groceries 20% Shops & Services 19% Apparel 18%
Winn-Dixie Groceries
26,928 visits/mo 0.5 miles
Ross Dress for Less Apparel
26,652 visits/mo 0.4 miles
Starbucks Dining
18,079 visits/mo 0.2 miles
Gordon Food Service Groceries
13,170 visits/mo 0.2 miles
Exxon Shops & Services
12,775 visits/mo 0.5 miles

Demographics for 33040, FL

35,958
Population
19,001
Households
1.9
Avg Household Size
44
Median Age
38%
College-Educated
92%
High-School Grad
17.7 sq mi
ZIP Area
2,032
Density / Sq Mi
$79,038
Median Household Income
$42,458
Median Earnings
$2,079
Median Rent
$766,400
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 - Single-tenant operation with an absolute NNN lease and prominent signage along Key West’s primary commercial corridor.
Where is this drive through restaurant located?
The property is located at 2312 N Roosevelt Blvd Key West, FL.
What are key features of this property?
This property features: Single‑tenant Sonic Drive‑In with an absolute NNN lease; More than 13 years remaining on the original 20‑year lease term; Four (4), 5‑year renewal options
More about this property
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