Sonic
Property ID #: 18748
Tenant Name: Sonic
Street Address:
City: Atmore
State: AL
Zip: 36502
COMPANY DESCRIPTION
Headquartered in Oklahoma City, OK, SONIC®, America’s Drive-In®, is the nation’s largest chain of drive-in restaurants with more than 3,500 drive-ins serving approximately 3 million customers every day. Over the past 60 years, SONIC has delighted guests with signature menu items, more than 1 million drink combinations, friendly service by iconic Carhops and ongoing support of education through its award-winning Limeades for Learning® program. SONIC received top honors as America’s “#1 burger Quick-Service Restaurants” in the 2013 Temkin Experience Ratings report.
Website: www.sonicdrivein.com
Sector: Quick-Service Restaurants (QSR)
FINANCIAL PROFILE
Price: $2,090,909
NOI:
Cap Rate: 5.50
Price PSF: N/A
Rent PSF: N/A
Credit Rating (S&P): NR
LEASE ABSTRACT
Lease Type: NNN
Years Remaining: 20
Initial Term Increases:
Initial Term Lease Begin: 0000-00-00
Initial Term Lease Expiration: 0000-00-00
Renewal Options:
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PROPERTY OVERVIEW
Type of Ownership:
Year Built: 2017
Year Remodeled :
Tenancy :
Gross Leasable Area (GLA):
Building Size (SFT) : 1500
Lot AC :
DEMOGRAPHICS
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