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Drive-Through Restaurant with NNN Lease
For Sale
$1,415,417

211 West Holme Street, Norton, KS 67654

A 2,700-square-foot Sonic restaurant leased to an established multi-brand operator under a long-term absolute NNN structure.

Property Size2,700 SF
Price / SF$524.23
Days on Market44

Property Features for 211 West Holme Street

General Information

Standard status Active
Size 2,700 SF
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: CBRE - El Segundo
Listed By: Tony Anderson · License #01936642
Source: Cbre
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 31 at 1:57PM

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 CBRE - El Segundo

Investment Insights

Based on property information with market context.

This 2,700-square-foot drive-through restaurant is operated as a Sonic location and leased to SERJ Drive-In Kansas, a multi-brand restaurant operator. The lease is structured as a 20-year absolute NNN agreement, providing a defined long-term occupancy framework for the property.

The asset is part of a six-location Sonic offering across Kansas and may be acquired individually or together with the broader portfolio. A nearby school presence contributes to the surrounding trade-area context. The property is located at 211 West Holme Street in Norton, Kansas, 67654.

Key Highlights

  • 2,700‑square‑foot Sonic drive‑through restaurant
  • 20‑year absolute NNN lease structure
  • Leased to SERJ Drive‑In Kansas, a multi‑brand restaurant operator

Property Analytics

Current Use

Sonic Drive-In Restaurant

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Bakery Grocery & Convenience Store Furniture & Home Goods Dental Office

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby
41k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Home Improvements & Furnishings 20% Dining 17% Hotels & Casinos 2%
Norton Shops & Services
18,414 visits/mo 0.2 miles
Bomgaars Home Improvements & Furnishings
6,471 visits/mo 0.2 miles
Dollar General Shops & Services
6,368 visits/mo 0.4 miles
SUBWAY Dining
4,433 visits/mo 0.1 miles
Pizza Hut Dining
2,763 visits/mo 0.3 miles

Demographics for 67654, KS

4,333
Population
1,759
Households
2.5
Avg Household Size
41
Median Age
18%
College-Educated
91%
High-School Grad
349.1 sq mi
ZIP Area
12
Density / Sq Mi
$51,092
Median Household Income
$22,819
Median Earnings
$824
Median Rent
$124,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - A 2,700-square-foot Sonic restaurant leased to an established multi-brand operator under a long-term absolute NNN structure.
Where is this drive through restaurant located?
The property is located at 211 West Holme Street Norton, KS.
What is the asking price?
The asking price for this property is $1,415,417.
What are key features of this property?
This property features: 2,700‑square‑foot Sonic drive‑through restaurant; 20‑year absolute NNN lease structure; Leased to SERJ Drive‑In Kansas, a multi‑brand restaurant operator
More about this property
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