Abs. NNN Sonic Drive-In | 1221 Saxon Blvd

This offering presents an excellent single-tenant investment opportunity with approximately 15 years remaining on an absolute triple net lease, providing a passive ownership structure with zero landlord responsibilities, as all expenses are paid directly by the tenant. The lease includes 1.50% annual rent increases, offering a steady hedge against inflation, and the property may qualify for bonus or accelerated depreciation (buyers should consult a tax professional). Supported by strong unit-level sales and a healthy rent-to-sales ratio, the asset is operated by an experienced tenant with a solid guarantor (contact broker for details). Strategically located in Orange City, Florida, along a premier retail corridor with traffic counts exceeding 40,000 vehicles per day, the property is surrounded by major national retailers and benefits from a dense infill population of over 108,000 residents within a five-mile radius. Positioned less than one mile from Florida Turnpike 91, which sees more than 93,000 vehicles daily, the site enjoys excellent accessibility and visibility. Orange City’s central location—within close proximity to Daytona Beach, Orlando, and St. Augustine—combined with projected population growth and Florida’s status as an income tax-free state, further enhances the long-term appeal of this stable, income-producing investment.