Drive-Through Restaurant
For Sale
Contact for pricing
299 Grayson Hwy, Lawrenceville, GA 30046
Sonic drive-through with a 20-year absolute triple-net sale-leaseback scheduled to commence at close of escrow.
Property Size1,597 SF
Lot Size0.80 Acres
Days on Market131
Property Features for 299 Grayson Hwy
General Information
Standard status
Active
Size
1,597 SF
Lot size
0.80 Acres
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 14
Last Checked: Aug 14 at 8:03AM
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.
The property is a Sonic drive-through restaurant offered as an absolute triple-net (NNN) sale-leaseback. The sale will be subject to a 20-year lease term commencing upon close of escrow, with renewal options totaling four additional five-year periods. The initial annual rent is $101,711, scheduled to increase by 1.50% annually starting year six and continuing through the base term and each renewal option.
The site is located at 299 Grayson Highway in Lawrenceville, GA. The offering consists of approximately 1,597 rentable square feet of building space on an estimated 0.80-acre parcel of land.
This is a single-tenant, NNN structured investment for an operator-occupied drive-through concept under a long-duration lease.
The site is located at 299 Grayson Highway in Lawrenceville, GA. The offering consists of approximately 1,597 rentable square feet of building space on an estimated 0.80-acre parcel of land.
This is a single-tenant, NNN structured investment for an operator-occupied drive-through concept under a long-duration lease.
Key Highlights
- Sonic at 299 Grayson Highway, Lawrenceville, GA
- Approximately 1,597 rentable SF on an estimated 0.80‑acre parcel
- 20‑year absolute triple‑net (NNN) sale‑leaseback scheduled to commence upon close of escrow
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,133
Businesses Nearby
Explore this area
Business Placement
Demographics for 30046, GA
40,227
Population
14,356
Households
2.8
Avg Household Size
34
Median Age
26%
College-Educated
84%
High-School Grad
15.8 sq mi
ZIP Area
2,546
Density / Sq Mi
$63,379
Median Household Income
$36,962
Median Earnings
$1,488
Median Rent
$302,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Sonic drive-through with a 20-year absolute triple-net sale-leaseback scheduled to commence at close of escrow.
Where is this nnn property located?
The property is located at 299 Grayson Hwy Lawrenceville, GA.
What are key features of this property?
This property features: Sonic at 299 Grayson Highway, Lawrenceville, GA; Approximately 1,597 rentable SF on an estimated 0.80‑acre parcel; 20‑year absolute triple‑net (NNN) sale‑leaseback scheduled to commence upon close of escrow
