Sonic | W Frank Ave | Lufkin, TX
Lufkin, TX (Frank Ave) | 13,000 Students in 5 Mile Radius | | 191-Unit Franchisee Guaranty
Marketing description
The Northmarq National Restaurant Group is pleased to offer this single-tenant Sonic located at 1901 W. Frank Avenue in Lufkin, Texas. The property is secured by an absolute NNN lease with 14.52 years remaining, four five-year renewal options, and 10 percent rent increases every five years. The tenant, Soar Restaurants II, LLC, is a Top 3 Sonic franchisee operating six different concepts, providing one of the brand’s strongest guaranties nationwide.
Strategically positioned along West Frank Avenue & US-287 with nearly 40,000 vehicles per day, the property offers immediate access to U.S. Highway 59 (future I-69 corridor) and is surrounded by top national retailers and St. Luke’s Memorial Hospital. The trade area benefits from 13,000 students within five miles, major healthcare providers, large industrial employers, and a strong tourism base with 6.3 million visitors in 2023. These drivers reinforce consistent consumer demand and long-term growth prospects.
With its long-term absolute NNN lease, strong franchisee guaranty, and prime Texas location, this Sonic provides investors with durable income, inflation protection, and compelling long-term value.
Investment highlights
ABSOLUTE NNN LEASE WITH 10% RENTAL INCREASES EVERY 5 YEARS - The property is secured by an absolute triple-net lease with more than 10 years of term remaining, requiring no landlord responsibilities. There are built-in 10% rent increases every five years, coupled with four additional 5-year renewal options.
STRONG TENANT GUARANTY - The franchisee is a Top 3 largest franchisee in the Sonic system. They are a well-known, widely respected franchisee group that operates over 6 different concepts. They are based in Texas and the state is a central focus to their nationwide operation.
13,000 STUDENTS WITHIN A 5-MILE RADIUS - Angelina College, located just 4.3 miles south, enrolls approximately 4,000 students and serves as a key workforce pipeline for the region. The Lufkin Independent School District educates more than 7,000 K–12 students across 13 schools, including Lufkin High School (4.3 miles) with over 2,000 students. All campuses are within a five-mile radius of the property.
STRONG RETAIL & HEALTHCARE TENANT SYNERGY - The property is strategically positioned along West Frank Avenue & US-287, benefitting from nearly 40,000 vehicles per day. Within one mile are top national retailers and anchors including Chick-fil-A, McDonald’s, Brookshire Brothers, and St. Luke’s Memorial Hospital.
TOURISM - 6.3 MILLION VISITORS IN 2023 - Lufkin attracted 6.3 million visitors in 2023, an 8.4% increase year-over-year, supported by attractions such as Ellen Trout Zoo, the Texas Forestry Museum, the Museum of East Texas, and regional recreation at Sam Rayburn Reservoir and Davy Crockett National Forest.
ECONOMIC & EMPLOYMENT HUB - Lufkin anchors Angelina County’s economy with a diverse base of healthcare, manufacturing, and distribution employers. CHI St. Luke’s Health Memorial (2,000+ employees) and Woodland Heights Medical Center (800+ employees) serve as the region’s largest healthcare providers. Major industrial and manufacturing employers include Georgia-Pacific (1,000+ employees), Pilgrim’s Pride (1,200+ employees), and Lufkin Industries (600+ employees).
REGIONAL TRAFFIC HUB - The property benefits from immediate access to U.S. Highway 59, part of the future I-69 corridor, connecting Lufkin to Houston and East Texas markets and further enhancing long-term growth prospects.
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