Sonic Drive-Through
For Sale
Contact for pricing
Pending
1304 Stafford Dr, Princeton, WV 24740
Sale-leaseback structure with a 20-year absolute NNN lease and annual rent escalations.
Property SizeContact for details
Days on Market41
Property Features for 1304 Stafford Dr
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Trinity Real Estate Investment Services
(325) 864-9775
Listed By:
Branson Blackburn · License #TX 611825
Source:
Crexi
Added: Jul 21
Changed: Aug 30
Last Checked: Aug 30 at 6:26AM
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 Trinity Real Estate Investment Services
Investment Insights
Based on property information with market context.
This Sonic drive-through restaurant is offered through a sale-leaseback structure supported by a 20-year absolute NNN lease. The lease includes 1.5% annual rent increases, providing a defined escalation schedule within the lease term.
The property occupies a corner lot in a dense retail area of Princeton, West Virginia, with reported traffic of more than 12,000 vehicles per day. Princeton has approximately 35,000 residents. The operating franchisee currently runs 26 locations, while Sonic has more than 3,500 restaurants across 44 states. The asset may also be acquired as part of a two-property portfolio with another Sonic location in West Virginia.
The property occupies a corner lot in a dense retail area of Princeton, West Virginia, with reported traffic of more than 12,000 vehicles per day. Princeton has approximately 35,000 residents. The operating franchisee currently runs 26 locations, while Sonic has more than 3,500 restaurants across 44 states. The asset may also be acquired as part of a two-property portfolio with another Sonic location in West Virginia.
Key Highlights
- 20‑year absolute NNN lease
- 1.5% annual rent increases
- Sale‑leaseback transaction structure
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
286k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 30%
Groceries 13%
Superstores 7%
Kroger
Groceries
38,147 visits/mo
0.3 miles
Sheetz
Shops & Services
33,843 visits/mo
0.4 miles
McDonald's
Dining
23,276 visits/mo
0.1 miles
Big Lots
Superstores
19,330 visits/mo
0.2 miles
Wendy's
Dining
18,034 visits/mo
0.3 miles
Demographics for 24740, WV
16,238
Population
8,069
Households
2
Avg Household Size
43
Median Age
22%
College-Educated
89%
High-School Grad
30.6 sq mi
ZIP Area
531
Density / Sq Mi
$46,272
Median Household Income
$39,867
Median Earnings
$831
Median Rent
$133,200
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?
Drive through restaurant - Sale-leaseback structure with a 20-year absolute NNN lease and annual rent escalations.
Where is this drive through restaurant located?
The property is located at 1304 Stafford Dr Princeton, WV.
What are key features of this property?
This property features: 20‑year absolute NNN lease; 1.5% annual rent increases; Sale‑leaseback transaction structure
