Sonic Drive-In NNN
For Sale
Contact for pricing
61105 Airport Rd, Slidell, LA 70460
Sonic drive-in on an NNN lease with 20 years remaining and scheduled rent escalations.
Property SizeContact for details
Days on Market122
Property Features for 61105 Airport Rd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
CBRE - Tampa
Listed By:
James Garner, CCIM · License #FL SL3273659
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 11:37AM
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 - Tampa
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to offer for sale a Sonic Drive-In property on a NNN lease. Sonic has 20 years remaining on the lease, with four, five-year option periods. The rent schedule includes a five percent increase after the first five years, a seven and a half percent increase on the second five-year period, and a ten percent increase every five years thereafter. The lease is guaranteed by four units, and the property is managed by Pac III Management, LLC.
The Sonic has been operating at this location since 2008. The property is an outparcel to a shopping strip with tenants that include David’s Bridal, Ross Dress for Less, and Academy Sports + Outdoors. North Shore Square Mall, along with major retail tenants including Walmart, Sam’s Club, and Home Depot, is less than one mile away. The site is within a quarter mile of five hotels and approximately two miles south of Slidell Municipal Airport. The address is 61105 Airport Rd, Slidell, Louisiana 70460.
Within a three-mile radius, the median age and average household income are approximately 36 years and $68,600, respectively. The New Orleans–Metairie–Kenner MSA location is described as less than one hour north of New Orleans.
The Sonic has been operating at this location since 2008. The property is an outparcel to a shopping strip with tenants that include David’s Bridal, Ross Dress for Less, and Academy Sports + Outdoors. North Shore Square Mall, along with major retail tenants including Walmart, Sam’s Club, and Home Depot, is less than one mile away. The site is within a quarter mile of five hotels and approximately two miles south of Slidell Municipal Airport. The address is 61105 Airport Rd, Slidell, Louisiana 70460.
Within a three-mile radius, the median age and average household income are approximately 36 years and $68,600, respectively. The New Orleans–Metairie–Kenner MSA location is described as less than one hour north of New Orleans.
Key Highlights
- Sonic drive‑in on an NNN lease with 20 years remaining.
- Lease includes scheduled rent escalations: 5% after the first 5 years, 7.5% on the second 5‑year period, then 10% every 5 years.
- NNN lease is guaranteed by four units.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
431k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 39%
Dining 24%
Apparel 15%
Shops & Services 11%
Walmart
Superstores
90,662 visits/mo
0.4 miles
Sam's Club
Superstores
78,185 visits/mo
0.2 miles
Academy Sports + Outdoors
Apparel
42,580 visits/mo
0.3 miles
Krystal
Dining
32,062 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
24,259 visits/mo
0.5 miles
Demographics for 70460, LA
22,429
Population
9,223
Households
2.4
Avg Household Size
39
Median Age
17%
College-Educated
84%
High-School Grad
38.4 sq mi
ZIP Area
584
Density / Sq Mi
$63,413
Median Household Income
$35,197
Median Earnings
$1,208
Median Rent
$184,400
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 - Sonic drive-in on an NNN lease with 20 years remaining and scheduled rent escalations.
Where is this drive through restaurant located?
The property is located at 61105 Airport Rd Slidell, LA.
What are key features of this property?
This property features: Sonic drive‑in on an NNN lease with 20 years remaining.; Lease includes scheduled rent escalations: 5% after the first 5 years, 7.5% on the second 5‑year period, then 10% every 5 years.; NNN lease is guaranteed by four units.
