Absolute NNN Drive-Through
For Sale
Contact for pricing
Pending
571 34th Street N, St Petersburg, FL 33713
Corporately guaranteed absolute NNN Arby’s with long-term tenancy and renovated drive-through prototype improvements.
Property Size2,492 SF
Days on Market59
Property Features for 571 34th Street N
General Information
Standard status
Pending
Size
2,492 SF
Property subtype
Retail
Additional Details
Traffic Count
62,500 vehicles/day
Building Details
Year Built
1967
Year Renovated
2016
Tenancy
Single
Listing Agency:
Solid Investments
Listed By:
Derrick Schroeder · License #BK3113265
Source:
Crexi
Added: Jun 9
Changed: Jul 10
Last Checked: Aug 6 at 8:00AM
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 Solid Investments
Investment Insights
Based on property information with market context.
This offering presents the sale of a corporately guaranteed absolute NNN Arby’s drive-through restaurant. The property was renovated to Arby’s prototype standards in 2016 and is structured to provide an investor with a zero landlord obligation income stream supported by corporate Arby’s. The site has corner access designed to support customer ingress and egress.
The restaurant is located along 34th Street North, a major commercial corridor. The site’s placement at the intersection provides prominent visibility, and the property is reported to see approximately 62,500± vehicles per day at the intersection.
Lease details support a long-established location and an extended horizon for the next operator. The primary term has approximately 4.7± years remaining, with two additional 5-year renewal options. In addition to the base rent, the lease includes a 4% percentage rent clause on annual sales exceeding $1M; the tenant paid almost $13k in percentage rent during 2025. Arby’s has operated at this location for nearly 60 years, reflecting sustained site commitment. Overall, the asset is positioned for buyers seeking a corporate-backed net lease restaurant with a long tenancy track record and defined future term options.
The restaurant is located along 34th Street North, a major commercial corridor. The site’s placement at the intersection provides prominent visibility, and the property is reported to see approximately 62,500± vehicles per day at the intersection.
Lease details support a long-established location and an extended horizon for the next operator. The primary term has approximately 4.7± years remaining, with two additional 5-year renewal options. In addition to the base rent, the lease includes a 4% percentage rent clause on annual sales exceeding $1M; the tenant paid almost $13k in percentage rent during 2025. Arby’s has operated at this location for nearly 60 years, reflecting sustained site commitment. Overall, the asset is positioned for buyers seeking a corporate-backed net lease restaurant with a long tenancy track record and defined future term options.
Key Highlights
- Absolute NNN Arby’s in St. Petersburg, FL with corporate (Arby’s) guarantee
- Arby’s operated at the location for nearly 60 years
- Lease has approx. 4.7± years remaining on the primary term, plus 2 x 5‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
62,500 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,892
Businesses Nearby
136k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Shops & Services 28%
Hotels & Casinos 4%
Home Improvements & Furnishings 2%
McDonald's
Dining
30,094 visits/mo
0.3 miles
Circle K
Shops & Services
22,509 visits/mo
0.1 miles
Taco Bell
Dining
13,948 visits/mo
0.0 miles
Burger King
Dining
13,729 visits/mo
0.5 miles
7-Eleven
Shops & Services
9,936 visits/mo
0.1 miles
Demographics for 33713, FL
31,321
Population
16,192
Households
1.9
Avg Household Size
42
Median Age
35%
College-Educated
91%
High-School Grad
6.5 sq mi
ZIP Area
4,819
Density / Sq Mi
$69,704
Median Household Income
$43,282
Median Earnings
$1,387
Median Rent
$279,000
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?
NNN property - Corporately guaranteed absolute NNN Arby’s with long-term tenancy and renovated drive-through prototype improvements.
Where is this nnn property located?
The property is located at 571 34th Street N St Petersburg, FL.
What is the asking price?
The asking price for this property is $1,535,000.
What are key features of this property?
This property features: Absolute NNN Arby’s in St. Petersburg, FL with corporate (Arby’s) guarantee; Arby’s operated at the location for nearly 60 years; Lease has approx. 4.7± years remaining on the primary term, plus 2 x 5‑year renewal options
