Log In/Sign Up
Your email has been sent.
535 Southwest Blvd
Kansas City, KS 66103
Sonic · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN with zero landlord responsibilities on a long-term lease with over 9 years remaining
- Soar Restaurants II LLC is part of Soar QSR, a large SONIC franchisee, operating approximately 190 locations across 20 states
- ±12,202 vehicles per day on Southwest Boulevard
- 10% increases every 5 years
- Located within Kansas City MSA with an estimated 2.2+ million residents as of 2024
- Walking distance from Baymont by Wyndham (±107 rooms) and Home2 Suites (±89 rooms)
EXECUTIVE SUMMARY
Retail Investment Group is pleased to offer for sale this Sonic in Kansas City, Kansas. This opportunity features an absolute NNN lease with over 9 years remaining. Built in 1996, this Sonic has been operating at this location for approximately 29 years. This ±1,210-square-foot building sits on a ±0.51-acre lot.
Operated by the 3rd Largest Sonic Franchisee with 190+ locations. There are 107 Units in this entity.
Brian Brockman
Lic: 239819
Bang Realty-Kansas Inc
513.898.1551
bor@bangrealty.com
Operated by the 3rd Largest Sonic Franchisee with 190+ locations. There are 107 Units in this entity.
Brian Brockman
Lic: 239819
Bang Realty-Kansas Inc
513.898.1551
bor@bangrealty.com
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,210 SF
Building Class
C
Year Built
1996
Price
$3,082,310 CAD
Price Per SF
$2,547.36 CAD
Cap Rate
7.50%
NOI
$231,173 CAD
Tenancy
Single
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.05
Lot Size
0.51 AC
Opportunity Zone
Yes
Zoning
General Industrial Distri
Parking
40 Spaces (33.06 Spaces per 1,000 SF Leased)
Frontage
147’ on Southwest Blvd
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 139316 | Improvements Assessment | $110,729 CAD |
| Land Assessment | $27,543 CAD | Total Assessment | $138,272 CAD |
PROPERTY TAXES
Parcel Number
139316
Land Assessment
$27,543 CAD
Improvements Assessment
$110,729 CAD
Total Assessment
$138,272 CAD
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
