1319 State St, White Pine, TN 37890
Marcus & Millichap is pleased to present the exclusive listing for a Sonic Drive-In located in White Pine, TN. This property is subject to a long-term Triple-Net (NNN) lease with more than 9 years remaining on the base term and features a corporate tenant in SRI Operating Company. The offering consists of 2,634 rentable square feet of building space and sits on approximately 0.43 acres of land. The initial annual rent is $60,000 and will be subject to 5% rental increases in each of the four (4), five (5)-year tenant renewal option periods.
License(s): TN: 307629
Tennessee
Marcus & Millichap is pleased to present the exclusive listing for a Sonic Drive-In located in White Pine, TN. This property is subject to a long-term Triple-Net (NNN) lease with more than 9 years remaining on the base term and features a corporate tenant in SRI Operating Company. The offering consists of 2,634 rentable square feet of building space and sits on approximately 0.43 acres of land. The initial annual rent is $60,000 and will be subject to 5% rental increases in each of the four (4), five (5)-year tenant renewal option periods.
License(s): TN: 307629
Tennessee