Sonic Drive-In - Access to I-30 - 74,500K+ Population

4619 Summerhill Road Texarkana, TX 75503

FOR SALE
Property Type:
Free Standing Building
Amount:
$1,715,250
Last Verified:
Jun 05, 2020

Highlights

  • Sonic Drive-In With 9+ Years Remaining on Primary Term - 2014 Build
  • NNN Lease Requiring Limited Landlord Responsibilities - Roof & Structure Only
  • Strong 5 Mile Demographics Over 74,500+
  • Attractive 1% Rental Increases Built Into Lease
  • Superb Location Directly Off I-30 (71,315+ VPD) & Adjacent to Texas High School (1,808+ Students)
  • Texarkana MSA Population is Over 150,000+ Residents

Description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a NNN Sonic Drive-In in Texarkana, TX with 9+ years remaining on primary term. Landlord is solely responsible for roof and structure. There are attractive 1% rental increases already built into the lease structure.

Subject property is located directly off major TX I-30 (71,315+ VPD) as well as adjacent to Texas High School (1,808+ Students).

tbd


Year Built: 2014
Building Size: 1507.0sq ft
Lot Size: 1.15 acres

Map of 4619 Summerhill Road, Texarkana, TX, 75503

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