Drive-Through Restaurant NNN
101 Main Street Lake Dallas, TX 75065
101 Main Street, Lake Dallas, TX, 75065
Contact for pricing
For Sale
Contact for pricing
Pending
Brand-new 20-year absolute NNN Sonic lease with drive-through design and zero landlord responsibilities.
Property Size1,440 SF
Lot Size0.48 Acres
Days on Market49
Property Features for 101 Main Street
General Information
- Standard status
- Pending
- Size
- 1,440 SF
- Lot size
- 0.48 Acres
- Property subtype
- Retail
Listing agency
Marcus & Millichap - Los Angeles
Listed by
Tyler Bindi · License #CA 02116455
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 5:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
This property is a Sonic drive-through restaurant measuring approximately 1,440 square feet on about 0.48 acres. Ownership is structured as an absolute NNN lease arrangement, with the new 20-year term scheduled to begin at the close of escrow. The lease features 10% rent increases every five years and includes four (4) five-year renewal options, and it states zero landlord responsibilities.
Located at 101 Main Street in Lake Dallas, Texas, the site is less than half a mile from Interstate 35E and is supported by stated 142,000 VPD. The property is described as having excellent visibility and strong daily commuter traffic, with proximity to dense residential development and local schools.
For investors seeking a stabilized, long-term NNN cash flow profile, the key considerations are the brand-new 20-year absolute NNN lease, the defined rent increase schedule, and the renewal option structure. The asset’s quick-service drive-in format aligns with Sonic’s operating model as an established quick-service brand.
Located at 101 Main Street in Lake Dallas, Texas, the site is less than half a mile from Interstate 35E and is supported by stated 142,000 VPD. The property is described as having excellent visibility and strong daily commuter traffic, with proximity to dense residential development and local schools.
For investors seeking a stabilized, long-term NNN cash flow profile, the key considerations are the brand-new 20-year absolute NNN lease, the defined rent increase schedule, and the renewal option structure. The asset’s quick-service drive-in format aligns with Sonic’s operating model as an established quick-service brand.
Key Highlights
- 1,440 SF Sonic Drive‑In on 0.48 acres at 101 Main Street, Lake Dallas, TX
- Brand‑new 20‑year absolute NNN lease commencing at close of escrow
- Lease includes 10%/5‑year rent increases and four (4) five‑year renewal options
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Drive through restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Brand-new 20-year absolute NNN Sonic lease with drive-through design and zero landlord responsibilities.
Where is this drive through restaurant located?
The property is located at 101 Main Street Lake Dallas, TX.
What is the asking price?
The asking price for this property is $1,680,769.
What are key features of this property?
This property features: 1,440 SF Sonic Drive‑In on 0.48 acres at 101 Main Street, Lake Dallas, TX; Brand‑new 20‑year absolute NNN lease commencing at close of escrow; Lease includes 10%/5‑year rent increases and four (4) five‑year renewal options
