Sonic Absolute NNN For Sale

Sonic | Galveston, TX


Sands Investment Group is Pleased to Present Exclusively For Sale the 1,656 SF Sonic Located at 6502 Seawall Boulevard in Galveston, TX. This Deal Includes Approximately 15 Years Remaining on an Absolute Triple Net (NNN) Lease With 10% Rent Increases Every 5 Years With Additional Bonus Rent (7% of Gross Sales Over Base Rent), Providing For a Secured Investment.

  • Approximately 15 Years Remaining on an Absolute Triple Net (NNN) Lease
  • 10% Rent Increases Every 5 Years With Additional Bonus Rent (7% of Gross Sales Over Base Rent)
  • Strong Sales Performance With Healthy Rent-to-Sales Ratio
  • Emerge! Inc. is a Growing Operator With 124-Units Across Four Brands (15-Unit Guaranty)
  • Pandemic Proof of Concept
  • Outstanding Location as an Outparcel to the Walmart Supercenter on the Main Retail and Entertainment Corridor Which Sees Traffic Counts Over 31,907 VPD
  • Strong Demographics With a Population of 31,862 Residents Making an Average Household Income of $69,767 Within a 3-Mile Radius
  • Just 5-Miles From the Texas A&M University Which Serves Over 2,700 Students and Staff
  • Main Attractions Nearby: Moody Gardens, Galveston Beach and the Historic Pleasure Pier, Which Includes a Ferris Wheel and Other Amusement Park Type Rides and Games; Schlitterbahn Waterpark and the 61st Street Fishing Pier
  • Galveston is a Coastal Resort City on the NW Coast of the Gulf of Mexico; Much of the Economy is Based on Tourism, Shipping and Financial Industries; the “Strand” Along the Seawall Blvd is the Most Popular Heavily Visited Spot For Tourists’ Beach Access
  • Texas is an Income Tax Free State
  • Nearby Tenants Include: Walmart Supercenter, Orange Leaf Frozen Yogurt, Jimmy Johns, Murphy USA, Circle K, Hampton Inn, LaQuinta, McDonald’s, Popeyes, Bank of America, Starbucks, Kroger, Randalls, and the Galveston Island Convention Center

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

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