Sonic

Waynesboro
,
TN
Tennessee

Call for Details

$

2,024,000

Call for Details
6.00
%
CAP Rate

Drive-Thru

Functional Site with Drive-Thru Component & Outdoor Patio Seating

$80,000+

Average Household Income within a 3 Mile Radius

Opportunity Zone

In a Designated Opportunity Zone

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. Personal Guaranty from Experienced Operator with 32 Units
  4. Sonic is the Largest Drive-In Restaurant Brand in the U.S. with Over 3,500 Locations in 45 States
  5. Nearby Retailers Include McDonald's, Piggly Wiggly, Tractor Supply & O'Reilly
  6. Adjacent to Wayne Medical Center
    • Affiliated with Maury Regional Health, a Six-Time Top 15 Health System in the Nation
  7. Located Near the Junction of State Route 13 and U.S. Route 64
  8. 105 Miles South of Nashville and 135 Miles from East Memphis
  9. Waynesboro is the Seat of Wayne County
  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
1,273
SF
Lot Size
1
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