Sonic Drive-In NNN Property For Sale — San Antonio, TX
This Sonic Drive-In offers an absolute triple net (NNN) lease with no landlord responsibilities, providing a secure investment opportunity. The tenant is a strong, experienced operator with 47 units, demonstrating commitment to the site through a recent 5-year lease extension. The property is strategically located on a high-traffic retail corridor with an average traffic count of 52,448 VPD. Excellent demographics include a population of over 122,610 residents within a 3-mile radius, with an average household income of $66,819. The location is less than 5 miles from Ingram Park Mall, which features national retailers, and just 5 minutes from the Ingram Park Business District, home to several major companies and car dealerships. Nearby tourist attractions such as SeaWorld, San Antonio Zoo,…
- Asking price $2.05M
- 6.50% cap rate
- NOI $133,000
- 5 years remaining
- NNN lease
Asset type: Retail