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Sonic Drive-In NNN Property
For Sale
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2135 IH35, San Antonio, TX 78208

Corporate-backed drive-in restaurant investment with an absolute NNN lease structure and a short-term lease term.

Property SizeContact for details
Days on Market144

Property Features for 2135 IH35

General Information

Standard status Active
Property subtype Retail

Site & Location

Traffic Count 159,000 vehicles/day
Highway Access Yes
Listing Agency: Matthews
Listed By: Kyle Matthews · License #REC.2020005555
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 6:10PM

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 Matthews

Investment Insights

Based on property information with market context.

The property is a Sonic drive-in restaurant at 2135 IH35 in San Antonio, Texas. It is offered with an absolute NNN lease under which the tenant is responsible for property taxes, insurance, and maintenance of the property and building. The lease includes a corporate guarantee from Sonic Restaurants and an additional guaranty from a 53-unit Sonic operator serving the San Antonio market.

The site is positioned next to a gas station and along a highway carrying more than 159,000 average daily vehicles. The surrounding 5-mile radius includes more than 370,000 people. Sonic Corporation operates approximately 3,557 drive-ins across 45 states and serves approximately 3 million customers daily. A short-term lease is being offered as part of the transaction.

Key Highlights

  • Absolute NNN lease assigns property tax, insurance, and property and building maintenance to the tenant
  • Corporate guarantee from Sonic Restaurants
  • Additional guaranty from a 53‑unit Sonic operator in the San Antonio market

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Electrical Service Garden Center HVAC Service Storage Facility

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

159,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

592
Businesses Nearby

Demographics for 78208, TX

3,874
Population
2,292
Households
1.7
Avg Household Size
35
Median Age
13%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
3,874
Density / Sq Mi
$23,194
Median Household Income
$26,136
Median Earnings
$894
Median Rent
$125,000
Median Home Value

Market

Vacancy Rate% for Retail in San Antonio, TX

6.9% 2019
7.6% 2020
6.7% 2021
5.3% 2022
5.3% 2023
5.9% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Corporate-backed drive-in restaurant investment with an absolute NNN lease structure and a short-term lease term.
Where is this nnn property located?
The property is located at 2135 IH35 San Antonio, TX.
What are key features of this property?
This property features: Absolute NNN lease assigns property tax, insurance, and property and building maintenance to the tenant; Corporate guarantee from Sonic Restaurants; Additional guaranty from a 53‑unit Sonic operator in the San Antonio market
More about this property
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