Sonic NNN Asset Property Fast Food Texas

Sands Investment Group is Pleased to Present For Sale the Sonic NNN Asset Located in Pasadena, Texas. This Deal Includes 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 140-Units Across Four Brands (43-Unit Guaranty)
• Essential Use Tenant With Drive-Thru; Pandemic and Recession Resistant
• Ideal Opportunity For 1031 Exchange Buyers – National Fast Food Tenant in an Affluent and Growing Market
• High Traffic Location With Over 33,000 VPD
• Long Term Viability With New Construction 2021 Prototype Building
• Densely Populated Area (153,795) Within a Three-Mile Radius Making an Average Household Income of $61,731
• Next to HCA Houston Healthcare Southeast a 345-Bed Hospital Employing 1,500 Staff and Over 250 Physicians
• Centrally Located in a Dense Retail Corridor With Strong Retail Synergy
• Income Tax-Free State (Texas)
• Nearby Tenants Include: Whataburger, Day Inn & Suites By Wyndham Pasadena, Iron Horse Twin Motorcycle Dealership, Pasadena Indoor Flea Market, Napa Auto Parts, McDonald’s 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