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Sonic For Auction 1006 E First St 1,801 SF Retail Building Hughes Springs, TX 75656 $137,372 CAD ($76.28 CAD/SF)
Investment Highlights
- Bid Dates: 04/20/2026 – 04/22/2026 | Starting Bid: $100,000
- Absolute NNN Lease: The tenant is responsible for all expenses providing an investor with passive income and no landlord responsibilities.
- Strategically Located Along Primary Local Thoroughfare: The property is positioned along East First Street (TX-11/TX-49), the primary east–west corrid
- National Renowned Brand: Sonic Drive-In first opened in 1953 and now has ±3,500 locations across the United States.
- Experienced Operator: Guernsey Holdings, one of the largest franchisees in Sonic system (±87).
- Convenient Access to Regional Trade Area: The site benefits from proximity to surrounding communities such as Daingerfield, Lone Star, Cason, and Avin
Executive Summary
Broker of Record
Patrick Graham
License # 9005919, 528005 (TX)
Matthews Real Estate Investment Services, LLC
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
TX Disclaimer : Christopher Filips, Cade Norland and Robert Anderson (In conjunction with Matthews™, a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code)
Patrick Graham
License # 9005919, 528005 (TX)
Matthews Real Estate Investment Services, LLC
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
TX Disclaimer : Christopher Filips, Cade Norland and Robert Anderson (In conjunction with Matthews™, a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,801 SF
Building Class
C
Year Built
2002
Price
$137,372 CAD
Price Per SF
$76.28 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.76 AC
Opportunity Zone
Yes
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Depuis plus de 60 ans, SONIC, America's Drive-In s'est tailli une position dominante dans le secteur de la restauration en voiture. SONIC l'a fait en s'en tenant à ce qui a rendu les drive-ins si populaires au départ : des classiques américains faits sur commande, des plats de menu signature, un service rapide de la part des sympathiques Carhops et une grande partie de plaisir et de personnalité. SONIC fait partie de la famille de restaurants Inspire Brands.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 11913 | Improvements Assessment | $633,381 CAD |
| Land Assessment | $33,203 CAD | Total Assessment | $666,584 CAD |
Property Taxes
Parcel Number
11913
Land Assessment
$33,203 CAD
Improvements Assessment
$633,381 CAD
Total Assessment
$666,584 CAD
Contacts
-
Christopher Filips -
Cade Norland -
Robert Anderson -
Patrick Graham -
Matthews Real Estate Investment Services
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Sonic For Auction | 1006 E First St
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