Sonic Absolute Triple Net Fast Food Investment Texas

Sands Investment Group is Pleased to Present For Sale the Sonic Absolute Triple Net Asset Located in Houston, Texas. This Deal Includes a Brand New 15 Years on an Absolute Triple Net (NNN) Lease, Providing For a Secured Investment.

• Brand New 15 Year Absolute Triple Net (NNN) Lease
• 10% Rent Increases Every 5 Years Allowing Investors to Hedge Against Inflation
• Strong Sales Performance With Healthy Rent-to-Sales Ratio
• Emerge Inc. is a Growing Operator With 124-Units Across Four Brands (28-Unit Guaranty)
• Essential Use Tenant With Drive-Thru; Pandemic and Recession Resistant
• Strong Demographics Within a 3-Mile Radius: Densely Populated With 157,634 With an Average Household Income of $72,369
• The Site is Located on Old Spanish Trail Which Sees Over 24,000 VPD
• Next to 118-Acre Michael E DeBakey VA Medical Center With 535 Beds and Over 1.4 Million Outpatients Annually
• Property Located Next to University of Houston With a Current Enrollment of Over 38,000 Undergraduates and Rice University With Nearly 7,000 Students
• Minutes Away From NRG Park, Home of the National Football Team the Houston Texans
• Income Tax-Free State (Texas)
• Centrally Located in a Dense Houston Retail Corridor Surrounded By National Retail Tenants
• Nearby Tenants Include: ALDI, Domino’s Pizza, Taco Bell, McDonald’s, CVS, Walgreens, Jack in the Box, KFC, Bank of America and More

In Cooperation With Sands Investment Group Austin, LLC Lic. #9004706 BoR: Max Freedman Lic. # 644481

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities