Property ID #: 17881
Tenant Name: Sonic
Street Address:
City: Stockton
State: CA
Zip: 95219

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.

Sector: Quick-Service Restaurants (QSR)

FINANCIAL PROFILE

Price: $2,330,000
NOI:
Cap Rate: 4.25
Price PSF: N/A
Rent PSF: N/A
Credit Rating (S&P): NR

LEASE ABSTRACT

Lease Type: Ground Lease
Years Remaining: 6
Initial Term Increases:
Initial Term Lease Begin: 0000-00-00
Initial Term Lease Expiration: 0000-00-00
Renewal Options:
Option Increases:
Rent Holidays:

PROPERTY OVERVIEW

Type of Ownership:
Year Built: 2007
Year Remodeled :
Tenancy :
Gross Leasable Area (GLA):
Building Size (SFT) : 1575
Lot AC :

DEMOGRAPHICS

Population
1-Mile:
3-Mile:
5-Mile:
Average Household Income
1-Mile: 0.00
3-Mile: 0.00
5-Mile: 0.00

INFORMATION REQUEST

Reserve This 1031 Now