Investment Overview

Marcus & Millichap is pleased to present the Sonic Drive-In located at 2991 TX-360 in Grand Prairie, Texas. This property operates under an absolute triple-net lease, which means zero landlord responsibilities, providing investors with a stable, management-free income stream backed the Sonic Corporation—a nationally recognized quick-service restaurant brand with over 3,300 locations across the country. Situated along Texas State Highway 360, this Sonic Drive-In benefits from exposure to traffic counts exceeding 310,000 vehicles per day. It is conveniently located near Interstate 20 and Interstate 30, which connect Grand Prairie to the major employment and commercial centers of Dallas, Arlington, and Fort Worth. This corridor is one of the region's most active thoroughfares for retail, dining, and entertainment. Nearby attractions such as Grand Prairie Premium Outlets, featuring over 90 national retailers, and Traders Village, one of Texas’s largest open-air markets, generate consistent consumer traffic throughout the area. The property also benefits from strong surrounding demographics, with a population exceeding 140,000 residents within three miles and 340,000 residents within five miles. While this Sonic currently ranks in the bottom four percent of stores nationwide and the bottom nine percent within Texas, its strong real estate fundamentals, highway frontage, and favorable demographics position the site for potential repositioning or long-term appreciation.