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Restaurant

Sonic Drive-In | Brand-New 20-Year Absolute NNN Lease | Prime Location | Dallas–Fort Worth MSA

101 Main St, Lake Dallas, TX 75065

Listing Price: $1,748,000

Cap Rate
6.25%
Tenant Name
Sonic
Years Remaining On Lease
19.9
Guarantor
No Guarantee
Rentable SF
1,440
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$75.87

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a newly constructed Sonic Drive-In located at 101 Main Street in Lake Dallas, Texas, part of the fast-growing Dallas–Fort Worth MSA. The property is subject to a brand-new 20-year absolute NNN lease commencing at the close of escrow, featuring 10%/5-year rent increases and four (4) five-year renewal options. There are zero landlord responsibilities, offering truly passive ownership.

The ±1,440-square-foot drive-in restaurant is situated on ±0.48 acres less than half a mile from Interstate 35E (±142,000 VPD). The site benefits from excellent visibility, strong daily commuter traffic, and proximity to dense residential developments and local schools.

Sonic, a subsidiary of Inspire Brands, operates over 3,500 locations nationwide and is one of the most recognizable names in quick-service dining. Inspire Brands also owns Dunkin’, Arby’s, Jimmy John’s, and Buffalo Wild Wings, with a combined $33 billion in global system sales.

Investment Highlights

  • Brand-New 20-Year Absolute NNN Lease
  • Prime Corner Location With Excellent Visibility
  • Located in High-Growth Dallas–Fort Worth Submarket
  • Truly Passive, Inflation-Protected Income Stream

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 | Dallas–Fort Worth MSA

Listing Price: $1,748,000

Cap Rate
6.25%
Tenant Name
Sonic
Years Remaining On Lease
19.9
Guarantor
No Guarantee
Rentable SF
1,440
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$75.87

Investment Highlights

  • Brand-New 20-Year Absolute NNN Lease
  • Prime Corner Location With Excellent Visibility
  • Located in High-Growth Dallas–Fort Worth Submarket
  • Truly Passive, Inflation-Protected Income Stream

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a newly constructed Sonic Drive-In located at 101 Main Street in Lake Dallas, Texas, part of the fast-growing Dallas–Fort Worth MSA. The property is subject to a brand-new 20-year absolute NNN lease commencing at the close of escrow, featuring 10%/5-year rent increases and four (4) five-year renewal options. There are zero landlord responsibilities, offering truly passive ownership. The ±1,440-square-foot drive-in restaurant is situated on ±0.48 acres less than half a mile from Interstate 35E (±142,000 VPD). The site benefits from excellent visibility, strong daily commuter traffic, and proximity to dense residential developments and local schools. Sonic, a subsidiary of Inspire Brands, operates over 3,500 locations nationwide and is one of the most recognizable names in quick-service dining. Inspire Brands also owns Dunkin’, Arby’s, Jimmy John’s, and Buffalo Wild Wings, with a combined $33 billion in global system 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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