Entity Owned Property summary
This exceptional investment opportunity presents a portfolio of three master-leased Sonic Drive-In restaurants located in Brevard County, Florida. The portfolio totals 4,460 square feet situated on 2.97 acres of land. Built between 2001 and 2006, these properties benefit from a 15-year absolute NNN lease, commencing February 1, 2022, and expiring February 27, 2037, leaving a substantial 12.3 years remaining on the primary term. The lease includes four 5-year renewal options and features… annual rent bumps, the lesser of 1.75% or 1.25 times the CPI. The portfolio boasts a strong NOI of $286,163, resulting in a 5.75% cap rate and a price per square foot of $1,116.59. The asking price for this exceptional investment is $4,980,000. The properties are fully cross-collateralized and guaranteed by a substantial multi-concept franchisee operating approximately 450 restaurants, hotels, and retail outlets across 30 states. Brevard County, known as the "Space Coast," offers a robust economy with a low unemployment rate and projected high job growth. This portfolio provides a compelling combination of strong tenant performance, long-term lease security, and attractive financial metrics in a desirable location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,582 SF
- Lot area
- 1.26 ac
- Year built
- 2001
- Stories
- 1
- APN
- 27-37-34-00-00284.0-0000.00
- Zoning
- CP
- Assessed value · 2023
- $427,640
- Annual tax · 2023
- $10,490
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The provisions of this district are intended to apply to areas located adjacent to a main highway. The types of uses permitted and restrictions are intended to serve the needs of the motorist and provide an amenable impr…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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