Freestanding Sonic Drive-In with
1529 Greenbrier Dear Road Anniston, AL 36207
1529 Greenbrier Dear Road, Anniston, AL, 36207
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For Sale
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Freestanding, 1,394-sf drive-in built in 1999 on 0.94 acres, secured by brand-new 20-year NNN lease.
Property Size1,394 SF
Price / SF$1,067
Days on Market14
Property Features for 1529 Greenbrier Dear Road
General Information
- Standard status
- Active
- Size
- 1,394 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1999
Listing agency
Marcus & Millichap - Los Angeles
(310) 909-5500
Listed by
Jason Fefer · License #CA 02100489
Source
Crexi
Added: Jul 8 Updated: Jul 21 at 2:05PM Checked: Jul 21 at 2:05PM
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 Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
This freestanding Sonic Drive-In offers a 1,394-square-foot drive-through configuration built in 1999, situated on 0.94 acres. The property is secured by a brand-new 20-year NNN lease that commenced January 2026, with zero landlord responsibilities, and includes four (4) five-year renewal options.
Located at the intersection of Greenbrier Dear Road and Coleman Road in Anniston, Alabama, the site fronts Greenbrier Dear Road with reported counts of 11,246 VPD and Coleman Road with 7,104 VPD. Interstate 20 is immediately adjacent with reported traffic of 46,503 VPD, and Oxford Exchange, Oxford Commons, and Quintard Mall are within direct view of the site.
The current annual base rent is $93,000 with a 6.25% cap rate and scheduled 2% annual rent increases that compound throughout the full lease term. The location is operated by Soar QSR, a Sonic franchisee operating approximately 190 locations across more than 20 states as a subsidiary of CMG Companies.
Located at the intersection of Greenbrier Dear Road and Coleman Road in Anniston, Alabama, the site fronts Greenbrier Dear Road with reported counts of 11,246 VPD and Coleman Road with 7,104 VPD. Interstate 20 is immediately adjacent with reported traffic of 46,503 VPD, and Oxford Exchange, Oxford Commons, and Quintard Mall are within direct view of the site.
The current annual base rent is $93,000 with a 6.25% cap rate and scheduled 2% annual rent increases that compound throughout the full lease term. The location is operated by Soar QSR, a Sonic franchisee operating approximately 190 locations across more than 20 states as a subsidiary of CMG Companies.
Key Highlights
- Freestanding Sonic Drive‑In with 1,394 SF built in 1999 on 0.94 acres.
- Secured by a brand‑new 20‑year NNN lease commenced January 2026 with zero landlord responsibilities and four 5‑year renewal options.
- Annual base rent is $93,000 with a 2% scheduled annual rent increase compounding through the lease term (6.25% cap rate noted).
Property Analytics
Location Intelligence
Current Use by Public Records
Sonic Drive-In
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Freestanding, 1,394-sf drive-in built in 1999 on 0.94 acres, secured by brand-new 20-year NNN lease.
Where is this drive through restaurant located?
The property is located at 1529 Greenbrier Dear Road Anniston, AL.
What is the asking price?
The asking price for this property is $1,488,000.
What are key features of this property?
This property features: Freestanding Sonic Drive‑In with 1,394 SF built in 1999 on 0.94 acres.; Secured by a brand‑new 20‑year NNN lease commenced January 2026 with zero landlord responsibilities and four 5‑year renewal options.; Annual base rent is $93,000 with a 2% scheduled annual rent increase compounding through the lease term (6.25% cap rate noted).
