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5673849

5647 Rufe Snow Dr, North Richland Hills, TX 76180

NI
TX 393095
Clear Fork Properties Inc
Listed by Clear Fork Properties Inc
$2,247,000
1682 days on market
Updated 11 days ago

Sonic Drive In - North Richland Hills, TX

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 1,650
Net Rentable (SqFt) 1,650
Cap Rate 7.00%
NOI $157,300
Occupancy 100%
Tenancy Single
Brand/Tenant Sonic
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 09/30/2031
Remaining Term 5.3
Lease Options 4-5 Yrs renewal options
Price per SqFt $1,362
Year Built 2001
Buildings 1
Stories 1
Acreage 0.690
Zoning Commercial
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 10/01/2016
Ground Lease No

Nice operating Sonic Drive In in the DFW Metroplex

Marketing description

REVISED PRICING!

The Subject Property of this offering is a freestanding Sonic Drive In fast food restaurant located at the southwest quadrant of Rufe Snow Drive and Iron Horse Boulevard in North Richland Hills, Texas. The building contains approximately 1,650 square feet of building situated on .69 acres.

The Property was developed by the original Sonic franchise operator, which has been in operation at this location for over twenty (20) years. The improvements consist of the prototypical Sonic restaurant building with covered drive up parking stations as well as a drive thru.

The property is well located along Rufe Snow Drive which is a major north-south corridor in the northeast Tarrant County in the Dallas–Fort Worth Metroplex. The area is high traffic has many traffic generators including: Wal-Mart, Sam’s Club, Home Depot, WinCo Foods, Albertson’s, Big Lots.

This investment offers an investor an excellent property well located with a long term stable tenant with no Landlord responsibilities.

Investment highlights

New Pricing! $2,247,000 7.0% CAP

Rent Increase in October 2026!

Listing Contacts

NI
TX 393095
Clear Fork Properties Inc
Listed by Clear Fork Properties Inc

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$157,300.00
$13,108.33/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

Map

Zoning

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I-2 IndustrialMedium Industrial
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Last updated Jan 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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