571 34th Street N, St Petersburg, FL 33713

Building Details

Year Built

1967

Listing agent Derrick Schroeder License #BK3113265

Listing office Solid Investments

Listing date Jun 9, 2026

Source Crexi

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

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Overview

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.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

St Petersburg

County

Pinellas

State

Florida

Longitude

-82.6789762

Latitude

27.7779272

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FAQs

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