Sonic Drive-In - Taylorville, IL 929 W Springfield Rd 1,576 SF Retail Building Taylorville, IL 62568 $3,440,943 CAD ($2,183.34 CAD/SF) 7% Cap Rate

Marcus & Millichap is pleased to present for sale this Sonic Drive-In located at 929 West Springfield Road in Taylorville, Illinois. This freestanding, single-tenant property features a 1,576-square-foot building situated on a 0.61-acre parcel, and benefits from excellent frontage and visibility along Springfield Road.
Originally a long-standing Sonic location, the property underwent a full re-construction in 2024, delivering a brand-new, modern prototype restaurant. The site benefits from excellent frontage and accessibility along West Springfield Road, a key commercial thoroughfare that sees traffic counts of approximately 13,500 vehicles per day and provides direct access to Springfield, the state capital. The property is strategically positioned adjacent to Taylorville High School, home to over 800 students, and is surrounded by dense residential neighborhoods, multifamily complexes, and a strong mix of national retailers including Walmart, ALDI, Kroger, Arby’s, Dairy Queen, Wendy’s, Taco Bell, KFC, McDonald’s, Steak ’n Shake, and numerous others.
The property is encumbered by a 20-year absolute triple-net (NNN) lease that commenced in May 2024 and features attractive 1.5 percent annual rental increases throughout the base term and option periods. The tenant, Guernsey Holdings, is the fifth-largest Sonic franchisee in the system, operating more than 87+ Sonic locations and over 133 units across multiple concepts nationwide including Little Caesars, Take 5 Oil Change, and Meineke. This lease structure provides investors with longterm, predictable income and zero landlord responsibilities from an established and experienced operator.
Sonic Drive-In, founded in 1953, is the largest drive-in restaurant brand in the United States with more than 3,500 locations in 46 states. The brand is part of Inspire Brands, the second-largest restaurant company in the U.S., which operates more than 32,000 restaurants across 57 markets worldwide, generating over $31 billion in systemwide sales. Backed by one of the most experienced multi-unit operators in the Sonic system, this offering represents a rare opportunity to acquire a brand-new, long-term NNN asset in a strong Midwestern market, providing investors with stable cash flow, embedded growth through annual increases, and passive ownership with a proven national brand