Sonic

Dickson
,
TN
Tennessee
Nashville

Call for Details

$

2,861,000

Call for Details
5.50
%
CAP Rate

Nashville MSA

Desirable Location ~40 Miles East of Downtown Nashville

Drive-Thru

Functional Site with Drive Thru Component & Outdoor Patio Seating

39,464 AADT

Less than Half a Mile from I-40 Arterial

Property details
  1. Absolute NNN Lease to Established Sonic Franchisee
    • Approximately 9 Years Remaining
  2. Strong Store Sales with Percentage Rent Included
    • 7.00% Rent-to-Sales Ratio
  3. Over 106K Annual Visitors - Up 7.7% YoY
  4. Personal Guaranty from Experienced Operator with 32 Units
  5. Sonic is the Largest Drive-In Restaurant Brand in the U.S. with Over 3,500 Locations in 45 States
  6. Strong Population Growth – Over 7% in the Last 10 Years
  7. Average Household Income of Over $95,900 within a 3 Mile Radius
  8. 10 Hotels within a 5 Mile Drive, Increasing Traffic to the Site
  9. 5 Miles from TriStar Horizon Medical Center
    • 157-Bed Regional Hospital Affiliated with HCA Healthcare
  10. No State Income Tax in Tennessee
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Jack Gilmore
Kabat Real Estate Solutions
TN RE Lic #333772
Property Specs
Tenancy
Single Tenant
Multi Tenant
Building Size
1,225
SF
Lot Size
0.99
AC
View Offering Memorandum
View Offering Memorandum
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Jack Gilmore
Kabat Real Estate Solutions
TN RE Lic #333772