Net-Leased Drive-Through Restaurant
For Sale
$1,196,200
451 East Oklahoma Avenue, Ulysses, KS 67880
Six Sonic drive-through units for sale under 20-year absolute triple-net leases, offered individually or as a portfolio.
Property Size1,466 SF
Price / SF$815.96
Days on Market24
Property Features for 451 East Oklahoma Avenue
General Information
Standard status
Active
Size
1,466 SF
Property subtype
Retail
Additional Details
Business Included
Yes
Listing Agency:
CBRE - El Segundo
(310) 303-9870
Listed By:
Tony Anderson · License #01936642
(310) 303-9870
Source:
Cbre
Added: Jul 20
Changed: Jul 21
Last Checked: Aug 12 at 12:02PM
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 CBRE - El Segundo
Investment Insights
Based on property information with market context.
CBRE presents a six-unit Sonic portfolio for sale, available individually or as a portfolio. Each unit is net leased on an absolute triple-net (NNN) structure with a 20-year term.
The leases are with SERJ Drive-In Kansas, an experienced multi-brand restaurant operator. The portfolio is structured to provide geographic diversification across multiple Kansas markets, with a conservative rent-to-sales ratio as noted in the offering materials.
For reference, one unit in the portfolio is located at 451 East Oklahoma Avenue, Ulysses, KS 67880.
The leases are with SERJ Drive-In Kansas, an experienced multi-brand restaurant operator. The portfolio is structured to provide geographic diversification across multiple Kansas markets, with a conservative rent-to-sales ratio as noted in the offering materials.
For reference, one unit in the portfolio is located at 451 East Oklahoma Avenue, Ulysses, KS 67880.
Key Highlights
- 6 Sonic drive‑through units in Kansas available individually or as a portfolio
- Properties are net leased to SERJ Drive‑In Kansas
- 20‑year absolute triple‑net (NNN) leases
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
31k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 18%
Home Improvements & Furnishings 17%
Casey's General Store
Shops & Services
11,794 visits/mo
0.3 miles
Family Dollar
Shops & Services
6,012 visits/mo
0.4 miles
SONIC Drive In
Dining
5,802 visits/mo
0.3 miles
Big R
Home Improvements & Furnishings
5,367 visits/mo
0.2 miles
Napa Auto Parts
Shops & Services
1,703 visits/mo
0.4 miles
Demographics for 67880, KS
7,359
Population
2,980
Households
2.5
Avg Household Size
34
Median Age
26%
College-Educated
82%
High-School Grad
670.8 sq mi
ZIP Area
11
Density / Sq Mi
$73,229
Median Household Income
$48,764
Median Earnings
$704
Median Rent
$145,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Six Sonic drive-through units for sale under 20-year absolute triple-net leases, offered individually or as a portfolio.
Where is this nnn property located?
The property is located at 451 East Oklahoma Avenue Ulysses, KS.
What is the asking price?
The asking price for this property is $1,196,200.
What are key features of this property?
This property features: 6 Sonic drive‑through units in Kansas available individually or as a portfolio; Properties are net leased to SERJ Drive‑In Kansas; 20‑year absolute triple‑net (NNN) leases
