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1901 W Frank Ave
Lufkin, TX 75904
Sonic · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- ABSOLUTE NNN LEASE WITH 10% RENTAL INCREASES EVERY 5 YEARS
- 13,000 STUDENTS WITHIN A 5-MILE RADIUS
- TOURISM - 6.3 MILLION VISITORS IN 2023
- STRONG TENANT GUARANTY
- STRONG RETAIL & HEALTHCARE TENANT SYNERGY
- ECONOMIC & EMPLOYMENT HUB | REGIONAL TRAFFIC HUB
EXECUTIVE SUMMARY
The Northmarq National Restaurant Group is pleased to offer this single-tenant Sonic located at 1901 W. Frank Avenue in Lufkin, Texas. The property is secured by an absolute NNN lease with 14.52 years remaining, four five-year renewal options, and 10 percent rent increases every five years. The tenant, Soar Restaurants II, LLC, is a Top 3 Sonic franchisee operating six different concepts, providing one of the brand’s strongest guaranties nationwide.
Strategically positioned along West Frank Avenue & US-287 with nearly 40,000 vehicles per day, the property offers immediate access to U.S. Highway 59 (future I-69 corridor) and is surrounded by top national retailers and St. Luke’s Memorial Hospital. The trade area benefits from 13,000 students within five miles, major healthcare providers, large industrial employers, and a strong tourism base with 6.3 million visitors in 2023. These drivers reinforce consistent consumer demand and long-term growth prospects.
With its long-term absolute NNN lease, strong franchisee guaranty, and prime Texas location, this Sonic provides investors with durable income, inflation protection, and compelling long-term value.
Strategically positioned along West Frank Avenue & US-287 with nearly 40,000 vehicles per day, the property offers immediate access to U.S. Highway 59 (future I-69 corridor) and is surrounded by top national retailers and St. Luke’s Memorial Hospital. The trade area benefits from 13,000 students within five miles, major healthcare providers, large industrial employers, and a strong tourism base with 6.3 million visitors in 2023. These drivers reinforce consistent consumer demand and long-term growth prospects.
With its long-term absolute NNN lease, strong franchisee guaranty, and prime Texas location, this Sonic provides investors with durable income, inflation protection, and compelling long-term value.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,538 SF
Year Built
2000
Price
$3,903,193 CAD
Price Per SF
$2,537.84 CAD
Cap Rate
6.25%
NOI
$243,950 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.16 AC
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