Net Leased Sonic Drive-In
For Sale
$1,021,467
8311 Hedge Lane Terrace, Lenexa, KS 66227
Six individually available Sonic drive-in properties are offered with long-term absolute triple-net leases.
Property Size1,573 SF
Price / SF$649.38
Days on Market24
Property Features for 8311 Hedge Lane Terrace
General Information
Standard status
Active
Size
1,573 SF
Property subtype
Retail
Additional Details
Highway Access
Yes
Listing Agency:
CBRE - El Segundo
(310) 303-9870
Listed By:
Tony Anderson · License #01936642
(310) 303-9870
Source:
Cbre
Added: Jul 20
Changed: Aug 12
Last Checked: Aug 12 at 5:58AM
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, offered individually or as a portfolio, with net lease obligations in place. The properties are described as being under 20-year absolute triple-net (NNN) leases and are net leased to SERJ Drive-In Kansas, a multi-brand restaurant operator.
The portfolio is positioned across multiple markets in Kansas, providing geographic diversification across varying trade area profiles. The offering also highlights a conservative rent to sales ratio and an experienced operator.
One of the properties is listed at 8311 Hedge Lane Terrace, Lenexa, KS 66227, and the remarks note close proximity to KS-7 highway for the group.
The portfolio is positioned across multiple markets in Kansas, providing geographic diversification across varying trade area profiles. The offering also highlights a conservative rent to sales ratio and an experienced operator.
One of the properties is listed at 8311 Hedge Lane Terrace, Lenexa, KS 66227, and the remarks note close proximity to KS-7 highway for the group.
Key Highlights
- Sonic portfolio with six individually available drive‑in properties in Kansas
- Long‑term absolute triple‑net (NNN) lease structure across the portfolio
- Net leased to SERJ Drive‑In Kansas, an experienced multi‑brand restaurant operator
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Lenexa #3
Shops & Services
16,023 visits/mo
0.4 miles
Demographics for 66227, KS
8,476
Population
3,431
Households
2.5
Avg Household Size
41
Median Age
68%
College-Educated
100%
High-School Grad
13.3 sq mi
ZIP Area
637
Density / Sq Mi
$132,532
Median Household Income
$71,027
Median Earnings
$1,989
Median Rent
$423,000
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?
Drive through restaurant - Six individually available Sonic drive-in properties are offered with long-term absolute triple-net leases.
Where is this drive through restaurant located?
The property is located at 8311 Hedge Lane Terrace Lenexa, KS.
What is the asking price?
The asking price for this property is $1,021,467.
What are key features of this property?
This property features: Sonic portfolio with six individually available drive‑in properties in Kansas; Long‑term absolute triple‑net (NNN) lease structure across the portfolio; Net leased to SERJ Drive‑In Kansas, an experienced multi‑brand restaurant operator
