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Property profile & analytics
FOR LEASE
Drive through restaurants

5804 54Th Ave N Saint Petersburg, FL 33709

1,890 SF 0.51 ac lot Built 1960
Entity Owned Free & Clear
Property ID
US18-4464897
Property summary
AI-generated overview

This exceptional turnkey restaurant opportunity presents a fully equipped and furnished 1,935 square foot quick-service restaurant (QSR) located in Kenneth City, Florida. Situated on a 0.52-acre outparcel at the highly visible, lit intersection of 54th Ave N and 58th St N, this property boasts an impressive average annual daily traffic count of 22,300 vehicles. The 2022 renovation is complete, including brand new HVAC units, electrical, plumbing, and a state-of-the-art 4K CCTV and sound system. The interior features approximately 50 seats, with ample additional outdoor seating. A functional drive-thru with a large queue, new backlit LED menu signage, and advanced communication technology is already in place. The property includes 36 parking spaces and prominent LED backlit pylon signage visible from the intersection. The fully equipped kitchen features a 3-group espresso machine and grinder, convection oven, three coolers, a freezer, prep tables, two sandwich prep coolers, Square POS systems, a 30lb ice machine, and two commercial Blendtec blenders. This NNN-leased property is ideally positioned in front of a Winn Dixie, between the upcoming Sprouts and Tesla locations, offering exceptional visibility and access to a thriving customer base. The beautiful restrooms are also newly renovated. This is a truly turn-key operation ready for immediate occupancy.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1960
Construction WOOD FRAME
Total area 1,890 SF
Lot 0.51 ac (22,407 SF)
APN 05-31-16-46044-000-0022
UPID US18-4464897
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kc 5804 LLC
Kc 5804 LLC
since 2025
Last sale
$400,000
5 recorded transactions
2025
Price N/A
2023
Price N/A
2019
$400,000
2005
$412,500
2002
$140,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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