Asking Price S$1,562,000
Sq. Footage 1,350
NOI Net Operating Income S$96,850
Cap Rate 6.20%

Attributes

Year Built 1995
Lease Type NNN
Current / Passing Rent S$96,850
Lease Expiration 2026-10-31
Tenant Sonic Restaurants, Incorporated
Guarantor SONIC Corporation
Lot Size 0.57 ACRES

Property Description

Single-tenant Sonic fast-food restaurant for sale, strategically located along Highway 100 in a Dollar Tree-anchored shopping center. Property is adjacent to a Quality Inn® by Choice Hotels and in close proximity to a Save-A-Lot, the area’s only major retailer. This location also benefits from limited competition, with only a very few other fast-food restaurants like Subway and McDonald’s. Centerville is part of the Nashville-Davidson-Murfreesboro-Franklin MSA.

Investment Highlights

  • Property includes an absolute NNN lease structure with over 7 years of primary term remaining
  • Lease is guaranteed by Sonic Corporation, the nation’s largest drive-in restaurant chain, serving more than 3 million customers a day
  • Zero landlord responsibilities
  • Location falls within the Nashville-Davidson-Murfreesboro-Franklin MSA
Eric Suffoletto
Eric Suffoletto
EVP, Capital Markets
Licensed in
IL - 475.14702
Brian Shanfeld
Brian Shanfeld
Managing Director, Captl Mkts
Licensed in
IL - 475158824

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