SONIC |  $841,739  |  5.75% CAP

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The Deltondo Group and Marcus & Millichap are pleased to present for sale SONIC a single-tenant property located at 3000 South Interstate-35 Service Road, Oklahoma City, Oklahoma 73129.

The subject property is comprised of 1,406 square feet and was built in 2001. The building sits on a moderate 26,572 square foot lot with frontage on Interstate-35 that oversees 130,300+ Vehicles Per Day.

SONIC operates on a Corporate Absolute-Net lease with 9 Months remaining. SONIC has operated this location for over 19 years exercising two options and has two, 5-year options remaining.

For more than 60 years, SONIC, America’s Drive-In has built a dominant position in the drive-in restaurant business. They did it by sticking to what made drive-ins so popular in the first place: made-to-order American classics, signature menu items, speedy service from friendly Carhops and heaping helpings of fun and personality.

 

SONIC serves more than 3 million customers a day at more than 3,500 locations nationwide.

 

In December 2019, Sonic was acquired by Inspire Brands, a multi-brand restaurant company.

PRESENTED BY:

BROKER OF RECORD

Mark McCoy

Lic. 181981

PETER DELTONDO

Founder, Deltondo Advisory Group

(949) 419-3267

pdeltondo@marcusmillichap.com

© 2020 Deltondo Advisory Group of Marcus & Millichap Newport Beach