Description
Berlin Group is pleased to present this Sonic-leased property in Crawfordville, comprising approx. 1,498 square feet with a drive-thru lane and multiple covered carhop stalls. The property benefits from prime frontage along Crawfordville Highway, the market's main commercial corridor with excellent visibility and traffic counts of roughly 21,000 vehicles per day. The asset is secured by a brand-new 20-year absolute NNN lease with a top-200 Sonic franchisee, one of the brand's most successful operators, providing investors with long-term, stable cash flow, and truly passive ownership. Notably, the lease includes a rare percentage rent clause, offering investors potential upside in addition to the base rent.
School Ratings & Info
Description
Berlin Group is pleased to present this Sonic-leased property in Crawfordville, comprising approx. 1,498 square feet with a drive-thru lane and multiple covered carhop stalls. The property benefits from prime frontage along Crawfordville Highway, the market's main commercial corridor with excellent visibility and traffic counts of roughly 21,000 vehicles per day. The asset is secured by a brand-new 20-year absolute NNN lease with a top-200 Sonic franchisee, one of the brand's most successful operators, providing investors with long-term, stable cash flow, and truly passive ownership. Notably, the lease includes a rare percentage rent clause, offering investors potential upside in addition to the base rent.
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