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Sonic | Recent 5yr Extension | Abs NNN 6208 W Main St 1,406 SF Retail Building Belleville, IL 62223 $1,404,760 CAD ($999.12 CAD/SF) 5.50% Cap Rate
Investment Highlights
- Recent 5-Year Extension | 50+ Unit Franchisee
- Dense Retail Corridor | Frontage to 15,000 VPD
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Established Metro East Trade Area
Executive Summary
• Scheduled rental increases at each option period (+$450/mo 1st Option) (+$400/mo 2nd/3rd Options) provide steady NOI growth and an attractive inflation hedge
• 24 Franchise Group, LLC is a 50+ unit Sonic franchisee — SONIC is the largest drive-in restaurant brand in the United States with 3,500+ locations across 47 states, part of the Inspire Brands family of restaurants
Property Facts
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
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99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Sonic Drive-In began as a small root beer stand in Shawnee, Oklahoma, and later adopted the SONIC name after early locations were established in the 1950s. The company built its identity around drive-in service, carhop delivery, and made-to-order food, with a menu centered on burgers, hot dogs, chicken, breakfast items, sides, desserts, and fountain drinks. Sonic Drive-In is now part of the Inspire Brands family of restaurants and continues to operate as a major drive-in restaurant brand in the United States. The business also supports mobile ordering, app-based rewards, and participating-location pickup through its digital platform.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-12.0-217-048 | Improvements Assessment | $0 CAD |
| Land Assessment | $15,545 CAD | Total Assessment | $15,545 CAD |
Property Taxes
Presented by
Sonic | Recent 5yr Extension | Abs NNN | 6208 W Main St
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