Sonic Drive-Through
For Sale
Contact for pricing
415 Magnolia Ave, Auburndale, FL 33823
Sonic-branded restaurant on a substantial commercial parcel with an absolute NNN sale-leaseback structure.
Property Size1,612 SF
Lot Size0.91 Acres
Days on Market145
Property Features for 415 Magnolia Ave
General Information
Standard status
Active
Size
1,612 SF
Lot size
0.91 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 8:53AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This Sonic-branded drive-through restaurant is planned with approximately 1,612 rentable square feet on an estimated 0.91-acre parcel. The property is located at 415 Magnolia Ave in Auburndale, Florida, and is offered with a sale-leaseback commencing at the close of escrow.
The lease is structured as absolute NNN, with a 20-year base term and four additional five-year renewal options. Contractual rent increases are set at 1.50% annually beginning in the second year and continue through the base term and renewal periods.
The lease is structured as absolute NNN, with a 20-year base term and four additional five-year renewal options. Contractual rent increases are set at 1.50% annually beginning in the second year and continue through the base term and renewal periods.
Key Highlights
- Sonic‑branded drive‑through restaurant at 415 Magnolia Ave, Auburndale, FL 33823
- Approximately 1,612 rentable square feet
- Estimated 0.91‑acre parcel
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
882
Businesses Nearby
69k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Shops & Services 35%
Electronics 1%
SONIC Drive In
Dining
15,391 visits/mo
0.2 miles
7-Eleven
Shops & Services
13,568 visits/mo
0.1 miles
Checkers
Dining
8,843 visits/mo
0.3 miles
Hardee's
Dining
7,935 visits/mo
0.1 miles
Beef 'O' Brady's
Dining
7,554 visits/mo
0.5 miles
Demographics for 33823, FL
33,733
Population
15,383
Households
2.2
Avg Household Size
42
Median Age
17%
College-Educated
86%
High-School Grad
34.9 sq mi
ZIP Area
967
Density / Sq Mi
$64,248
Median Household Income
$39,187
Median Earnings
$1,068
Median Rent
$234,300
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 - Sonic-branded restaurant on a substantial commercial parcel with an absolute NNN sale-leaseback structure.
Where is this drive through restaurant located?
The property is located at 415 Magnolia Ave Auburndale, FL.
What are key features of this property?
This property features: Sonic‑branded drive‑through restaurant at 415 Magnolia Ave, Auburndale, FL 33823; Approximately 1,612 rentable square feet; Estimated 0.91‑acre parcel
