Drive-Through Restaurant
1600 N Park Boulevard Pittsburg, CA 94565
1600 N Park Boulevard, Pittsburg, CA, 94565
Contact for pricing
For Sale
Contact for pricing
Pending
Fee simple interest in a Sonic Drive-In is slated to open in Q1 2018 under an absolute NNN lease.
Days on Market100
Property Features for 1600 N Park Boulevard
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
Savills Los Angeles (Downtown)
Listed by
Shawn Bakke · License #CA 01326433
Source
Crexi
Added: Apr 13 Updated: Jul 20 at 5:56PM Checked: Jul 21 at 7:23AM
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 Savills Los Angeles (Downtown)
Investment Insights
Based on property information with market context.
The property is a Sonic Drive-In restaurant investment offered as fee simple interest. The site is currently under construction and is scheduled to open in the first quarter of 2018. Upon close of escrow, the tenant will enter into an absolute NNN lease featuring 10% rental increases every five years during the primary term and through the four five-year options to extend.
The site is located just off Highway 4 in the city of Pittsburg within a retail area that includes The Home Depot, WinCo Foods, Starbucks, Public Storage, Chevron, WalMart, GameStop, Taco Bell, and Planet Fitness.
As currently presented, the offering is structured around the long-term absolute NNN lease requirements tied to the scheduled opening date.
The site is located just off Highway 4 in the city of Pittsburg within a retail area that includes The Home Depot, WinCo Foods, Starbucks, Public Storage, Chevron, WalMart, GameStop, Taco Bell, and Planet Fitness.
As currently presented, the offering is structured around the long-term absolute NNN lease requirements tied to the scheduled opening date.
Key Highlights
- Sonic Drive‑In restaurant fee simple interest scheduled to open in Q1 2018
- Property is under construction and will open in the 1st quarter 2018
- Tenant will sign an absolute NNN lease at close of escrow
Property Analytics
Location Intelligence
Current Use by Public Records
Drive through restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Fee simple interest in a Sonic Drive-In is slated to open in Q1 2018 under an absolute NNN lease.
Where is this drive through restaurant located?
The property is located at 1600 N Park Boulevard Pittsburg, CA.
What are key features of this property?
This property features: Sonic Drive‑In restaurant fee simple interest scheduled to open in Q1 2018; Property is under construction and will open in the 1st quarter 2018; Tenant will sign an absolute NNN lease at close of escrow
