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Sonic Drive-In | Shawnee, KS 8311 Hedge Lane Ter 1,573 SF Retail Building Shawnee, KS 66227 $1,435,468 CAD ($912.57 CAD/SF) 6% Cap Rate



Investment Highlights
- 6-UNIT SONIC PORTFOLIO (AVAILABLE INDIVIDUALLY OR AS A PORTFOLIO)
- CONSERVATIVE RENT TO SALES RATIO
- CLOSE PROXIMITY TO KS-7 HIGHWAY
- 20-YEAR ABSOLUTE TRIPLE NET (NNN) LEASES
- EXPERIENCED OPERATOR
- PERIMETER PARK INDUSTRIAL CORRIDOR
Executive Summary
PRICING: $1,021,467
CAP RATE: 6.00%
NOI: $61,288
LEASE TERM: 20 YEARS
INCREASES: 10% EVERY 5 YEARS
6-UNIT PORTFOLIO (AVAILABLE INDIVIDUALLY OR AS A PORTFOLIO)
CAP RATE: 6.00%
NOI: $61,288
LEASE TERM: 20 YEARS
INCREASES: 10% EVERY 5 YEARS
6-UNIT PORTFOLIO (AVAILABLE INDIVIDUALLY OR AS A PORTFOLIO)
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,573 SF
Building Class
B
Year Built
2003
Price
$1,435,468 CAD
Price Per SF
$912.57 CAD
Cap Rate
6%
NOI
$86,128 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.79 AC
Zoning
CH
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- 1,573 SF
- -
- Triple Net
- Jun 2046
Depuis plus de 60 ans, SONIC, America's Drive-In s'est tailli une position dominante dans le secteur de la restauration en voiture. SONIC l'a fait en s'en tenant à ce qui a rendu les drive-ins si populaires au départ : des classiques américains faits sur commande, des plats de menu signature, un service rapide de la part des sympathiques Carhops et une grande partie de plaisir et de personnalité. SONIC fait partie de la famille de restaurants Inspire Brands.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Accommodation and Food Services | 1,573 SF | - | Triple Net | Jun 2046 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | QP53100000-0015 | Improvements Assessment | $730,826 CAD |
| Land Assessment | $301,479 CAD | Total Assessment | $1,032,305 CAD |
Property Taxes
Parcel Number
QP53100000-0015
Land Assessment
$301,479 CAD
Improvements Assessment
$730,826 CAD
Total Assessment
$1,032,305 CAD
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Sonic Drive-In | Shawnee, KS | 8311 Hedge Lane Ter
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