About This Restaurant
Investment Highlights
Long Term 10-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities Proven Commitment - Franchisee Planning Significant Remodel Post Close - Inquire For More Information Located Across the Street From H-E-B Plus (97,000 SF) on a Hard Signalized Corner With Multiple Access Points SSCP is an Award-Winning Operator and Restaurant Leader With Over 500 Locations Across 5 Concepts (41-Unit Guaranty) Healthy Hedge Against Inflation With 10% Rent Increases Every 5 Years Long-Term 27-Year Occupancy History Proving Sonic's Staying Power
Executive Summary
Sands Investment Group is Pleased to Present Exclusively For Sale the Sonic Located at 351 Valley High Drive in San Antonio, TX. This Deal Includes a Long Term 10-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Secured Investment.In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Restaurant General Retail Storefront General Retail Storefront Retail/Office Fast Food
- Building Size 1,304
- Year Built 1997
- Price 2,416,667
- Price Per SF 1,853
- Cap Rate 6
- NOI 145,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.04
- Land Acres 0.83 AC
| Date Created: | 2024-07-16 04:23:40 | Last Updated: | 2024-07-16 04:23:40 |
| Address: | 351 Gdn Vly st , San Antonio, Texas, 78227 | ||