Sonic Drive-In | Brand-New 20-Year Absolute NNN Lease
Dallas–Fort Worth MSA
Marketing description
Marcus & Millichap is pleased to present the opportunity to acquire a Sonic Drive-In located at 101 Main Street in Lake Dallas, Texas, part of the fast-growing Dallas–Fort Worth MSA. The property is subject to a brand-new 20-year absolute NNN lease commencing at the close of escrow, featuring 10%/5-year rent increases and four (4) five-year renewal options. There are zero landlord responsibilities, offering truly passive ownership.
The ±1,440-square-foot drive-in restaurant is situated on ±0.48 acres less than half a mile from Interstate 35E (±142,000 VPD). The site benefits from excellent visibility, strong daily commuter traffic, and proximity to dense residential developments and local schools.
Sonic, a subsidiary of Inspire Brands, operates over 3,500 locations nationwide and is one of the most recognizable names in quick-service dining. Inspire Brands also owns Dunkin’, Arby’s, Jimmy John’s, and Buffalo Wild Wings, with a combined $33 billion in global system sales.
Investment highlights
- Brand-New 20-Year Absolute NNN Lease
- Prime Corner Location With Excellent Visibility
- Located in High-Growth Dallas–Fort Worth Submarket
- Truly Passive, Inflation-Protected Income Stream
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