Property Name

Sonic Drive-In Portfolio

Percent Leased 100% Leased

Property Description

SHOP Companies has been exclusively retained to offer for sale three (3), absolute NNN leased SONIC Drive-In restaurants located in the Beaumont, Texas MSA, approximately 100 miles east of Houston. The offering represents the opportunity for an investor to gain exposure to one of the strongest performing quick-service brands in Texas during the Covid-19 pandemic and beyond. All stores have 18-20 years operating history, strong, stabilized, and growing sales, and are operated by a seasoned, highly regarded 20-unit franchisee. Each lease includes a heavy percentage rent component and no remaining tenant options, representing an exciting opportunity for upside in an inflationary environment. Units are only available for purchase together as a portfolio of three (3).