Restaurant
Sonic Drive In
1462 Greenwell Springs Rd, Baton Rouge, LA 70739
Listing Price: $1,536,158
Investment Overview
Marcus & Millichap is pleased to present this absolute triple-net lease SONIC Drive-In restaurant in Central, 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 1.11-acre site sits along Greenwell Springs Road with traffic counts of over 22,600 vehicles daily. The subject property is located near a signalized intersection Greenwell Springs Road and Central Throughway. Some notable tenants in the area include Walgreens, Waffle House, Burger King, Pizza Hut, Oak Point Fresh Market, and Sherman Williams to name a few. Central is part of the Baton Rouge MSA.
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Financing By
Listing Price: $1,536,158
Investment Highlights
- Strong Multi-Brand Operator
- Low Rent To Sales Ratio
- Dense Retail Corridor
Investment Overview
Marcus & Millichap is pleased to present this absolute triple-net lease SONIC Drive-In restaurant in Central, 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 1.11-acre site sits along Greenwell Springs Road with traffic counts of over 22,600 vehicles daily. The subject property is located near a signalized intersection Greenwell Springs Road and Central Throughway. Some notable tenants in the area include Walgreens, Waffle House, Burger King, Pizza Hut, Oak Point Fresh Market, and Sherman Williams to name a few. Central is part of the Baton Rouge MSA.
Exclusively Listed By
Financing By
