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Sonic 3980 Hwy 17 Alt 1,688 SF Retail Building Eastanollee, GA 30577 $1,862,338 CAD ($1,103.28 CAD/SF) 8% Cap Rate
Investment Highlights
- ABSOLUTE NNN LEASE – This lease provides zero landlord responsibilities, providing an investor with 100% passive income.
- RECENTLY UPGRADED WALMART SUPERCENTER – The subject property is a direct outparcel to a Walmart Supercenter
- STRONG BRAND RECOGNITION – With ±3,500 locations across 47 states and U.S. territories, an investor would benefit from Sonic’s national customer base
- ATTRACTIVE ANNUAL RENTAL INCREASES – The subject property benefits by having rare annual rental increases, which benefit an investor
Executive Summary
Maxx Bauman
License # 80041 (GA)
Matthews
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Amenities
- Restaurant
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Sonic Drive-In is an American drive-in fast-food chain founded in 1953 in Shawnee, Oklahoma. The company grew from a small root beer stand originally known as Top Hat before adopting the Sonic name in 1959. Over the decades, it expanded across the United States with a model centered on car-based ordering and service. Sonic became known for its extensive drink options, customizable menu items, and the use of carhops for food delivery. The brand continues to operate as a subsidiary of Inspire Brands, a restaurant holding company that acquired it in 2018. Sonic maintains its headquarters in Oklahoma City, where corporate operations and brand management are based. The company remains privately held under Inspire Brands and continues to oversee a national franchise system.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 043-276 | Improvements Assessment | $152,714 CAD |
| Land Assessment | $123,466 CAD | Total Assessment | $276,179 CAD |
Property Taxes
Presented by
Sonic | 3980 Hwy 17 Alt
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