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Drive-Through Restaurant Property
For Sale
Contact for pricing
Pending

719 MAGNOLIA AVENUE, Auburndale, FL 33823

Offered with Checkers and Scooters ground leases that must be acquired together.

Property SizeContact for details
Days on Market142

Property Features for 719 MAGNOLIA AVENUE

General Information

Standard status Pending
Property subtype Retail
Listing Agency: CrownPoint Partners
Listed By: Shannon Bona · License #BK3629909
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:44PM

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 CrownPoint Partners

Investment Insights

Based on property information with market context.

This drive-through restaurant property is located at 719 Magnolia Avenue in Auburndale, Florida. The offering includes the Checkers and Scooters lease interests, which are required to be purchased together.

The Checkers agreement is structured as a 20-year ground lease. Scooters has a 10-year ground lease with an expiration date of April 4, 2034. Lease terms also provide for 10% increases every 5 years.

Key Highlights

  • Checkers and Scooters lease interests must be purchased together
  • Checkers lease reflects a 20‑year ground lease
  • Scooters has a 10‑year ground lease expiring April 4, 2034

Property Analytics

Current Use

Checkers Auburndale Restaurant

Suggested Use

Top Pick Bakery Dental Office Law Firm (Bike/Boat/Book/etc) Store Veterinary Clinic Cafe & Coffee Shop

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

683
Businesses Nearby
52k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 62% Shops & Services 37% Electronics 1%
SONIC Drive In Dining
15,391 visits/mo 0.3 miles
7-Eleven Shops & Services
13,568 visits/mo 0.3 miles
Checkers Dining
8,843 visits/mo 0.1 miles
Hardee's Dining
7,935 visits/mo 0.5 miles
Family Dollar Shops & Services
5,293 visits/mo 0.4 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

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 - Offered with Checkers and Scooters ground leases that must be acquired together.
Where is this drive through restaurant located?
The property is located at 719 MAGNOLIA AVENUE Auburndale, FL.
What are key features of this property?
This property features: Checkers and Scooters lease interests must be purchased together; Checkers lease reflects a 20‑year ground lease; Scooters has a 10‑year ground lease expiring April 4, 2034
More about this property
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