Sonic Drive-in 4275 Atlanta Hwy 1,661 SF Retail Building Bogart, GA 30622 $2,585,268 CAD ($1,556.45 CAD/SF) 6.75% Cap Rate

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Sonic Drive-In located in Bogart, Georgia. In 2022, Sonic signed a long-term lease extending through March 2042. The lease is absolute triple net and presents zero landlord responsibilities. Additionally, there are 1.5% annual rental escalations beginning in March 2027 and continuing through the four 5-year renewal options. The operator, SOAR QSR, is a premier and experienced franchisee of SONIC® Drive-In restaurants, recognized as a best-in-class owner-operator with locations spanning more than 20 states and a proven track record of rapid, strategic growth in the quick-service restaurant sector.
The 1,661 square-foot building is situated along Atlanta Highway, a heavily traveled retail corridor with approximately 42,000 vehicles per day, and bene?ts from close proximity to GA Inner Loop 10, which carries approximately 49,000 vehicles per day. The area draws substantial traffic due to a high concentration of major automotive dealerships along the corridor, including Ford, Chevrolet, Volkswagen, Dodge, Jeep, Ram, Chrysler, Nissan, CarMax, Hyundai, and Kia. Additionally, the site is located a short drive from Caterpillar’s 250-acre Athens manufacturing campus, which produces small track-type tractors, dozers, and mini hydraulic excavators. Surrounding national retailers include Sam’s Club, O’Reilly Auto Parts, McDonald’s, RaceTrac, Zaxby’s, Burger King, and Pep Boys, among others. The trade area is supported by more than 61,000 residents within a ?ve-mile radius and an average household income exceeding $116,000.
Sonic Drive-In is an American drive-in fast-food restaurant chain founded in 1953 by Troy Smith in Shawnee, Oklahoma, and is headquartered in Oklahoma City. Known for its distinctive drive-in service model featuring carhops and outdoor stalls, Sonic specializes in made-to-order burgers, hot dogs, sandwiches, tater tots, and an extensive beverage menu. The brand operates primarily through a franchise model and has grown to more than 3,500 locations across the United States. In 2018, Sonic became part of Inspire Brands, a multi-brand restaurant company, while continuing to operate as a standalone concept with a strong focus on convenience, customization, and speed of service.