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Restaurant

Sonic Drive-In | Brand-New 20-Year Absolute NNN Lease | Prime Location Along TX-274

109 TX-274, Kemp, TX 75143

Listing Price: $1,840,000

Tenant Name
Sonic Drive-In
Years Remaining On Lease
19.9
Guarantor
No Guarantee
Rentable SF
1,704
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$67.49

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a newly developed Sonic Drive-In located at 109 TX-274 in Kemp, Texas, approximately 45 miles southeast of downtown Dallas. The property will be leased on a brand-new 20-year absolute NNN lease commencing at the close of escrow. The lease features 10%/5-year rent increases, four (4) five-year renewal options, and zero landlord responsibilities, offering investors a completely passive income stream backed by a seasoned multi-unit operator.

The ±1,704-square-foot freestanding building sits on ±0.79 acres along TX-274, the primary north–south retail corridor in Kemp, with excellent visibility and access to US-175. The surrounding area features a healthy mix of residential and retail growth, supported by national co-tenancy including Dollar General, O’Reilly Auto Parts, Brookshire’s, and Subway. The property is less than one mile from Kemp High School and sits within the rapidly expanding Kaufman County, one of the fastest-growing counties in Texas.

Sonic, a subsidiary of Inspire Brands, operates over 3,500 locations nationwide and continues to expand through high-volume drive-in formats. Inspire Brands also owns Arby’s, Dunkin’, Jimmy John’s, and Buffalo Wild Wings, generating over $33 billion in annual systemwide sales.

Investment Highlights

  • New 20-Year Absolute NNN Ground Lease With 1.5% Annual Increases
  • Guaranteed by Proven Multi-Unit Sonic Operator
  • Strategic Location Along TX-274 With Excellent Visibility
  • High-Growth DFW Submarket in Kaufman County
  • Modern Sonic Prototype Built for High-Throughput Service
  • Part of Inspire Brands – Global QSR Leader

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Restaurant

Sonic Drive-In | Brand-New 20-Year Absolute NNN Lease | Prime Location Along TX-274

Listing Price: $1,840,000

Tenant Name
Sonic Drive-In
Years Remaining On Lease
19.9
Guarantor
No Guarantee
Rentable SF
1,704
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$67.49

Investment Highlights

  • New 20-Year Absolute NNN Ground Lease With 1.5% Annual Increases
  • Guaranteed by Proven Multi-Unit Sonic Operator
  • Strategic Location Along TX-274 With Excellent Visibility
  • High-Growth DFW Submarket in Kaufman County
  • Modern Sonic Prototype Built for High-Throughput Service
  • Part of Inspire Brands – Global QSR Leader

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a newly developed Sonic Drive-In located at 109 TX-274 in Kemp, Texas, approximately 45 miles southeast of downtown Dallas. The property will be leased on a brand-new 20-year absolute NNN lease commencing at the close of escrow. The lease features 10%/5-year rent increases, four (4) five-year renewal options, and zero landlord responsibilities, offering investors a completely passive income stream backed by a seasoned multi-unit operator. The ±1,704-square-foot freestanding building sits on ±0.79 acres along TX-274, the primary north–south retail corridor in Kemp, with excellent visibility and access to US-175. The surrounding area features a healthy mix of residential and retail growth, supported by national co-tenancy including Dollar General, O’Reilly Auto Parts, Brookshire’s, and Subway. The property is less than one mile from Kemp High School and sits within the rapidly expanding Kaufman County, one of the fastest-growing counties in Texas. Sonic, a subsidiary of Inspire Brands, operates over 3,500 locations nationwide and continues to expand through high-volume drive-in formats. Inspire Brands also owns Arby’s, Dunkin’, Jimmy John’s, and Buffalo Wild Wings, generating over $33 billion in annual systemwide sales.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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