Sonic Absolute NNN Asset

Sonic | (Tomball) Houston, TX

Sands Investment Group is Pleased to Present For Sale the Sonic Absolute NNN Asset Located in Houston, Texas. This Deal Includes Over 15 Years Remaining on an Absolute Triple Net (NNN) Lease, Providing For a Secured Investment

  • Brand New 15 Year Absolute Triple Net (NNN) Lease
  • Strong Sales Performance With Healthy Rent-to-Sales Ratio
  • 10% Bumps Every 5 Years Providing Strong Hedge Against Inflation
  • 17-Year Occupancy History Showing Long Term Viability
  • Emerge Inc. is a Growing Operator With 124-Units Across Four Brands (28-Unit Guaranty)
  • Strong Demographics Within a 3-Mile Radius: 124,505 People Earning an Average Household Income of $65,224
  • This Opportunity Provides For a Low Price Point Passive Investment – Excellent for 1031 Buyers
  • High Traffic Location Off of Tomball Pkwy (TX State Hwy 249) Which Sees Over 50,000 VPD
  • Across From Walmart Supercenter on a Major Retail Corridor
  • Minutes From George Bush Intercontinental Airport
  • Income Tax Free State (Texas)
  • Nearby Tenants Include: Walmart, Panda Express, Kroger, McDonald’s, Chick-fil-A, Raising Cane’s, Whataburger, WingStop, Wendy’s, Chase Bank and O’Reilly Auto Parts

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

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