Sonic Triple-Net Lease
For Sale
Contact for pricing
4340 Lexington Rd, Athens, GA 30605
Absolute triple-net sale-leaseback with 20-year term and scheduled annual rent increases.
Property Size1,798 SF
Lot Size1.48 Acres
Days on Market131
Property Features for 4340 Lexington Rd
General Information
Standard status
Active
Size
1,798 SF
Lot size
1.48 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 5:53AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
Marcus & Millichap presents the exclusive offering for the Sonic located at 4340 Lexington Road in Athens, GA. The site is planned to include approximately 1,798 rentable square feet of building space on an estimated 1.48-acre parcel.
The transaction is structured as a 20-year absolute triple-net (NNN) sale-leaseback, which will commence upon close of escrow. The initial annual rent is $142,499, with scheduled increases of 1.50% annually starting in year six throughout the base term and in each of the four five-year renewal options.
The transaction is structured as a 20-year absolute triple-net (NNN) sale-leaseback, which will commence upon close of escrow. The initial annual rent is $142,499, with scheduled increases of 1.50% annually starting in year six throughout the base term and in each of the four five-year renewal options.
Key Highlights
- Sonic at 4340 Lexington Road, Athens, GA
- About 1,798 rentable SF building on an estimated 1.48‑acre parcel
- 20‑year absolute triple‑net (NNN) sale‑leaseback sale, commencing upon close of escrow
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
300
Businesses Nearby
178k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 51%
Shops & Services 25%
Home Improvements & Furnishings 10%
Dining 6%
Walmart
Superstores
90,757 visits/mo
0.3 miles
Murphy USA
Shops & Services
19,937 visits/mo
0.2 miles
Tractor Supply Co.
Home Improvements & Furnishings
17,115 visits/mo
0.3 miles
Dollar Tree
Shops & Services
15,379 visits/mo
0.2 miles
SONIC Drive In
Dining
8,771 visits/mo
0.1 miles
Demographics for 30605, GA
43,205
Population
18,387
Households
2.3
Avg Household Size
28
Median Age
53%
College-Educated
91%
High-School Grad
38.2 sq mi
ZIP Area
1,131
Density / Sq Mi
$48,188
Median Household Income
$24,933
Median Earnings
$1,104
Median Rent
$279,200
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?
NNN property - Absolute triple-net sale-leaseback with 20-year term and scheduled annual rent increases.
Where is this nnn property located?
The property is located at 4340 Lexington Rd Athens, GA.
What are key features of this property?
This property features: Sonic at 4340 Lexington Road, Athens, GA; About 1,798 rentable SF building on an estimated 1.48‑acre parcel; 20‑year absolute triple‑net (NNN) sale‑leaseback sale, commencing upon close of escrow
