Listing Agency: ParaSell Inc s***@parasellinc.com Show Phone

Listed By: Scott Reid · License #9009637

Source: Crexi

Added: Apr 11 Changed: Aug 20 Last Checked: Aug 19 at 2:20AM

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Investment Insights

Based on property information with market context.

This Sonic specialty property is being offered for sale. The public remarks provide several key performance points: a stated 6% cap rate and 7% rent, along with rent increases of 7.5% every five years.

The property is located at 853 Tunica Dr E in Marksville, Louisiana 71351.

Key Highlights

• Sonic specialty property for sale
• Stated 6% cap rate
• Scheduled rent increases every 5 years (7.5% increases)

Property Analytics

Property Profile

Current Use

Sonic Drive-In Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Auto Parts Store Parking Lot & Garage Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

166

Businesses Nearby

Explore this area Business Placement

Demographics for 71351, LA

11,068

Population

5,448

Households

2

Avg Household Size

40

Median Age

12%

College-Educated

80%

High-School Grad

224.9 sq mi

ZIP Area

49

Density / Sq Mi

$48,006

Median Household Income

$34,260

Median Earnings

$774

Median Rent

$155,800

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this specialty properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Specialty property - Sonic specialty property offered for sale with stated 6% cap rate and scheduled rent increases every five years.

Where is this specialty property located?

The property is located at 853 Tunica Dr E Marksville, LA.

What are key features of this property?

This property features: Sonic specialty property for sale; Stated 6% cap rate; Scheduled rent increases every 5 years (7.5% increases)