Freestanding Sonic Drive-In with
For Sale
$1,488,000
1529 Greenbrier Dear Rd, Anniston, AL 36207
Freestanding, 1,394-sf drive-in built in 1999 on 0.94 acres, secured by brand-new 20-year NNN lease.
Property Size1,394 SF
Price / SF$1,067
Days on Market58
Property Features for 1529 Greenbrier Dear Rd
General Information
Standard status
Active
Size
1,394 SF
Property subtype
Restaurant
Lease Type
NNN
Amenities
Brand New 20-Year NNN Lease Commenced January 2026 | Zero Landlord Responsibilities
Four (4) Five-Year Renewal Options | Up to 40 Years of Total Term
Scheduled 2% Annual Rent Increases Compounding Throughout Full Lease Term | $93,000 NOI at 6.25% CAP
Operated by Soar QSR | ±190-Unit Sonic Franchisee | Subsidiary of CMG Companies | 20+ States
Established Longstanding Location | Proven High-Volume Drive-In Site
Greenbrier Dear Rd (±11,246 VPD) at Coleman Rd (±7,104 VPD) | Direct Access to I-20 (±46,503 VPD)
Adjacent to Oxford Exchange, Oxford Commons, and Quintard Mall | Dense National Retail Corridor
Anniston-Oxford MSA: 117,132 Population | Major Employers: Anniston Army Depot, Honda, JSU, BAE Systems, RMC Health System
Building Details
Building Size
1,394 SF
Listing Agency:
Marcus & Millichap - Birmingham
Listed By:
Eddie Greenhalgh · License #License(s) AL: 0000882980
(205) 510-9200
Source:
Marcusmillichap
Added: Jul 10
Changed: Sep 2
Last Checked: Sep 4 at 2:14AM
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 - Birmingham
Investment Insights
Based on property information with market context.
This freestanding Sonic Drive-In offers a 1,394-square-foot drive-through configuration built in 1999, situated on 0.94 acres. The property is secured by a brand-new 20-year NNN lease that commenced January 2026, with zero landlord responsibilities, and includes four (4) five-year renewal options.
Located at the intersection of Greenbrier Dear Road and Coleman Road in Anniston, Alabama, the site fronts Greenbrier Dear Road with reported counts of 11,246 VPD and Coleman Road with 7,104 VPD. Interstate 20 is immediately adjacent with reported traffic of 46,503 VPD, and Oxford Exchange, Oxford Commons, and Quintard Mall are within direct view of the site.
The current annual base rent is $93,000 with a 6.25% cap rate and scheduled 2% annual rent increases that compound throughout the full lease term. The location is operated by Soar QSR, a Sonic franchisee operating approximately 190 locations across more than 20 states as a subsidiary of CMG Companies.
Located at the intersection of Greenbrier Dear Road and Coleman Road in Anniston, Alabama, the site fronts Greenbrier Dear Road with reported counts of 11,246 VPD and Coleman Road with 7,104 VPD. Interstate 20 is immediately adjacent with reported traffic of 46,503 VPD, and Oxford Exchange, Oxford Commons, and Quintard Mall are within direct view of the site.
The current annual base rent is $93,000 with a 6.25% cap rate and scheduled 2% annual rent increases that compound throughout the full lease term. The location is operated by Soar QSR, a Sonic franchisee operating approximately 190 locations across more than 20 states as a subsidiary of CMG Companies.
Key Highlights
- Freestanding Sonic Drive‑In with 1,394 SF built in 1999 on 0.94 acres.
- Secured by a brand‑new 20‑year NNN lease commenced January 2026 with zero landlord responsibilities and four 5‑year renewal options.
- Annual base rent is $93,000 with a 2% scheduled annual rent increase compounding through the lease term (6.25% cap rate noted).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
221
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 78%
Shops & Services 22%
SONIC Drive In
Dining
8,431 visits/mo
0.1 miles
Texaco
Shops & Services
2,363 visits/mo
0.0 miles
Demographics for 36207, AL
19,553
Population
9,260
Households
2.1
Avg Household Size
44
Median Age
32%
College-Educated
90%
High-School Grad
74.8 sq mi
ZIP Area
261
Density / Sq Mi
$70,090
Median Household Income
$39,898
Median Earnings
$890
Median Rent
$195,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Freestanding, 1,394-sf drive-in built in 1999 on 0.94 acres, secured by brand-new 20-year NNN lease.
Where is this drive through restaurant located?
The property is located at 1529 Greenbrier Dear Rd Anniston, AL.
What is the asking price?
The asking price for this property is $1,488,000.
What are key features of this property?
This property features: Freestanding Sonic Drive‑In with 1,394 SF built in 1999 on 0.94 acres.; Secured by a brand‑new 20‑year NNN lease commenced January 2026 with zero landlord responsibilities and four 5‑year renewal options.; Annual base rent is $93,000 with a 2% scheduled annual rent increase compounding through the lease term (6.25% cap rate noted).
