Alaska Sonic Drive-In
420 Merhar Avenue
Fairbanks, AK 99701
FOR SALE
Property Type:
Free Standing BuildingAmount:
$2,412,200
Last Verified:
Jul 30, 2024Daily Email Blast
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Highlights
- Absolute NNN Lease Fairbanks, Alaska Sonic Drive-In
- 7+ Years Remaining on Current Term of Lease
- Attractive 1.5% Annual Rental Increases Throughout Term of the Lease
- Site Significantly Outperforming Average Unit Level Sales Volume for Sonic - Contact Agents for More Details
- Larger Footprint - 3,530 SF Which is Traditional Size for QSR Restaurants
- Almost 1 Acre Parcel Along Fairbank's Major Retail Corridor - Walmart, Lowe's, Home Depot, PETCO
- Great Visibility Along Johansen Expy (Almost 20K VPD)
- Sonic Opened Their First Site in Alaska in 2019 With Great Success - Sonic Now has 4 Locations in the State
Description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire an absolute NNN Sonic in Fairbanks, AK. There are 7+ years remaining on the current term with 1.50% rental increases occurring annually.
Broker of Record: Brian Brockman | Bang Realty-Pacific Inc. | AK #164417 | 40 W 4th Avenue, STE 104 Anchorage, AK 99501
TBD
Year Built: 2006
Building Size: 3530sq ft
Lot Size: 0.92 acres
