Sonic Absolute NNN
For Sale
Contact for pricing
1655 W Main St, Centre, AL 35960
Absolute NNN structure places property-level operating responsibilities with the tenant under a newly proposed long-term lease.
Property SizeContact for details
Days on Market142
Property Features for 1655 W Main St
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
27,200 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners New York
(973) 632-1386
Listed By:
Britt Raymond · License #NY 10491212709
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 29 at 3:14PM
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 SRS Real Estate Partners New York
Investment Insights
Based on property information with market context.
This fee simple Sonic property includes both the land and building and is structured for an absolute NNN lease. Soar QSR, a 191+ unit Sonic operator and the brand’s 3rd largest franchisee, is expected to enter a new 20-year lease at closing, with four 5-year extension options. The lease calls for 10% increases every 5 years during the initial term and at each option period, while assigning landlord responsibilities to the tenant.
The property is positioned near West Main St/US Highway 411 and State Highway 68, which together carry an average of over 27,200 vehicles daily. It sits along Centre’s primary retail corridor, near an Ingles-anchored center, a 160,000+ SF Walmart Supercenter, and multiple national and regional retailers. The 5-mile trade area includes over 7,900 residents and 4,200 employees, with an average household income of $72,349.
The property is positioned near West Main St/US Highway 411 and State Highway 68, which together carry an average of over 27,200 vehicles daily. It sits along Centre’s primary retail corridor, near an Ingles-anchored center, a 160,000+ SF Walmart Supercenter, and multiple national and regional retailers. The 5-mile trade area includes over 7,900 residents and 4,200 employees, with an average household income of $72,349.
Key Highlights
- Absolute NNN lease structure with zero landlord responsibilities
- New 20‑year lease planned at closing, backed by Soar QSR
- Four 5‑year extension options with 10% increases every 5 years
Property Analytics
Current Use
Lease Details
27,200 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Explore this area
Business Placement
Demographics for 35960, AL
9,883
Population
5,607
Households
1.8
Avg Household Size
48
Median Age
16%
College-Educated
82%
High-School Grad
146.6 sq mi
ZIP Area
67
Density / Sq Mi
$47,868
Median Household Income
$38,364
Median Earnings
$741
Median Rent
$176,100
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 NNN structure places property-level operating responsibilities with the tenant under a newly proposed long-term lease.
Where is this nnn property located?
The property is located at 1655 W Main St Centre, AL.
What are key features of this property?
This property features: Absolute NNN lease structure with zero landlord responsibilities; New 20‑year lease planned at closing, backed by Soar QSR; Four 5‑year extension options with 10% increases every 5 years
