Restaurant
Sonic Drive In
11145 Coursey Blvd, Baton Rouge, LA 70816
Listing Price: $1,389,616
Investment Overview
Marcus & Millichap is pleased to present this absolute triple-net lease SONIC Drive-In restaurant in Baton Rouge, Louisiana. There will be a brand new 20-year triple-net lease at Close of Escrow with 7.5 percent rental increases every Five years along with Four, Five-year renewal options. This 0.71-acre site sits along Coursey Blvd. with traffic counts of over 34,000 vehicles daily. The subject property is located near a Walmart Neighborhood Market. Other notable tenants in the area include Mavis Tire, Walgreens, CVS, Wendy’s, Capital One, Progressive, and Lakewood Mall to name a few.
Exclusively Listed By
Financing By
Listing Price: $1,389,616
Investment Highlights
- BRAND NEW 20 YEAR ABSOLUTE NNN LEASE
- DENSE RETAIL CORRIDOR
- STRONG MULTI-BRAND OPERATOR
Investment Overview
Marcus & Millichap is pleased to present this absolute triple-net lease SONIC Drive-In restaurant in Baton Rouge, Louisiana. There will be a brand new 20-year triple-net lease at Close of Escrow with 7.5 percent rental increases every Five years along with Four, Five-year renewal options. This 0.71-acre site sits along Coursey Blvd. with traffic counts of over 34,000 vehicles daily. The subject property is located near a Walmart Neighborhood Market. Other notable tenants in the area include Mavis Tire, Walgreens, CVS, Wendy’s, Capital One, Progressive, and Lakewood Mall to name a few.
Exclusively Listed By
Financing By
