Sonic Absolute Triple Net

Sonic | (Old Spanish Trail) Houston, TX

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