Tenant: Sonic Drive-In
Premises: 1253 SF
Renewal Options: 2 x 5 Year
Lease Expiration: 2018
Lease Type: NNN
Rental Increases: Percentage Rent
- NNN – Absolute Triple Net
- High Traffic Counts off of the 90 Freeway
- Percentage Rent Lease with Growing Sales
- Low Lease Rate Allowing for Future Upside
For more than 50 years, SONIC Corp. has built a dominant position in the drive-in
restaurant business. We did it by sticking to what made drive-ins so popular in
the first place: made-to-order American classics, signature menu items, speedy
service from friendly Carhops and heaping helpings of fun and personality.
Today, SONIC is the largest chain of drive-in restaurants in America. As a
business, we continue to thrive, maintaining strong real sales growth, industry leading
customer frequency and high returns for our stockholders. So take a
cruise through to learn more about our company and the people who help make
it an American success story.