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Freestanding Sonic Drive-In Restaurant
For Sale
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1906 Charlotte Ave, Nashville, TN 37203

Freestanding Sonic Drive-In restaurant in Nashville for sale.

Property SizeContact for details
Days on Market122

Property Features for 1906 Charlotte Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Northmarq San Diego
Listed By: Mike Philbin · License #CA 01922822
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 3:09PM

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 Northmarq San Diego

Investment Insights

Based on property information with market context.

The freestanding Sonic Drive-In restaurant is located on Charlotte Ave, west of Interstate 40, in Nashville, TN. The property features 25+ drive-in stalls with individual intercom ordering, ample parking, and patio tables for sit-down dining. The high performing Sonic store is near St. Thomas Midtown Hospital, Vanderbilt University, and Belmont University. It is located less than two miles from downtown Nashville, which hosts 16.1 million visitors per year. The property is situated near Music Row and The Gulch, with 110 restaurants, parks, retail, and live music venues. The new 15-year lease on the property commences upon the close of escrow. The property is subject to an absolute triple net lease. The lease provides increases of 10% every 5 years.

Key Highlights

  • Brand new 15‑year absolute triple net lease offering a passive investment.
  • Located in a high‑traffic area on Charlotte Ave, near Interstate 40 and major institutions.
  • Proximity to downtown Nashville, which attracts 16.1 million visitors annually.

Property Analytics

Current Use

Sonic Drive-In Restaurant

Suggested Use

Top Pick Auto Parts Store HVAC Service Building Supply (Bike/Boat/Book/etc) Store Tanning Salon Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,845
Businesses Nearby
310k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Hotels & Casinos 22% Shops & Services 20% Electronics 3%
Cook Out Dining
26,369 visits/mo 0.4 miles
Chick-fil-A Dining
25,087 visits/mo 0.3 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
19,781 visits/mo 0.1 miles
Starbucks Dining
18,650 visits/mo 0.4 miles
Exxon Shops & Services
17,580 visits/mo 0.5 miles

Demographics for 37203, TN

20,429
Population
16,422
Households
1.2
Avg Household Size
30
Median Age
67%
College-Educated
93%
High-School Grad
4.2 sq mi
ZIP Area
4,864
Density / Sq Mi
$69,671
Median Household Income
$55,399
Median Earnings
$1,881
Median Rent
$519,600
Median Home Value

Market

Vacancy Rate% for Retail in Nashville, TN

4% 2019
5.4% 2020
3.8% 2021
2.6% 2022
2.1% 2023
2.4% 2024
3.7% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Freestanding Sonic Drive-In restaurant in Nashville for sale.
Where is this drive through restaurant located?
The property is located at 1906 Charlotte Ave Nashville, TN.
What are key features of this property?
This property features: Brand new 15‑year absolute triple net lease offering a passive investment.; Located in a high‑traffic area on Charlotte Ave, near Interstate 40 and major institutions.; Proximity to downtown Nashville, which attracts 16.1 million visitors annually.
(858) 877-9847 Call to check price and availability
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