Sonic Absolute NNN Lease Investment Fast Food Texas

Sands Investment Group is Pleased to Present For Sale the Sonic Absolute NNN Lease Investment Located in Texas City, Texas. This Deal Includes 14 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.

• 14 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)
• Outstanding Location With Long Term Viability
• Strong Sales Performance With Healthy Rent-to-Sales Ratio
• Emerge! Inc. is a Growing Operator With 168-Units Across Four Brands
• Pandemic Proof of Concept
• Main Attractions in Nearby Galveston (Less Than 30 Minutes): Moody Gardens, Galveston Beach and the Historic Pleasure Pier Which Includes a Ferris Wheel and Other Amusement Park Type Rides and Games
• Strong Demographics With a Population of 44,541 Residents Making an Average Household Income of $63,598 Within a 3-Mile Radius
• High Traffic Location on Main Retail Corridor With Over 32,150 VPD
• Just 20 Minutes From the Texas A&M University Which Serves Over 2,700 Students and Staff
• Houston is Just 1 Hour North/West While the NASA Space Center is Just 30 Minutes Away
• Texas City is a Busy Deepwater Port Along the Gulf of Mexico; It is Also a Major Hub For Petroleum-Refining and Petrochemical-Manufacturing Center
• Nearby Tenants Include: Walgreens, KFC, Shell, HEB, Subway, CVS Pharmacy, O’Reilly Auto Parts, Discount Tire, Planet Fitness, Kroger, Harbor Freight and More

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

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