Sonic Drive-Through
2616 Spencer Highway, Pasadena, TX 77504
For Sale
New
Contact for pricing
The absolute NNN lease assigns taxes, insurance, structural responsibilities, and operating expenses to the tenant.
Property Size1,690 SF
Price / SF$1,412
Days on Market7
Property Features for 2616 Spencer Highway
General Information
Standard status
Size
Property subtype
Net Operating Income
Site & Location
Neighborhood
Additional Details
Cap Rate
Tenant in Place
Listing Agency:
Sands Investment Group Austin
Listed By:
Will Schuhmacher · License #TX 629275
(512) 277-5924
Source:
Crexi
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 4:26PM
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 Sands Investment Group Austin
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Investment Insights
Based on property information with market context.
A Sonic drive-through restaurant occupies a 1,690-square-foot property at 2616 Spencer Highway in Pasadena, Texas. The asset is subject to an absolute triple-net lease, placing responsibility for property taxes, insurance, roof, structure, HVAC, repairs, maintenance, and other operating expenses with the tenant.
The lease generates $130,248 in annual in-place rental income. Scheduled rent is $143,273 beginning October 1, 2028; the seller will credit the buyer for the difference between current and scheduled rent from closing through September 30, 2028.
The lease generates $130,248 in annual in-place rental income. Scheduled rent is $143,273 beginning October 1, 2028; the seller will credit the buyer for the difference between current and scheduled rent from closing through September 30, 2028.
Key Highlights
- 1,690 SF Sonic restaurant with drive‑through service
- Absolute NNN lease assigns taxes, insurance, roof, structure, HVAC, repairs, and maintenance to the tenant
- $130,248 in annual in‑place rental income
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,076
Businesses Nearby
146k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 29%
Apparel 9%
Groceries 5%
Whataburger
Dining
22,662 visits/mo
0.2 miles
Starbucks
Dining
20,710 visits/mo
0.1 miles
SONIC Drive In
Dining
14,643 visits/mo
0.1 miles
WSS
Apparel
13,501 visits/mo
0.3 miles
Chase Bank
Shops & Services
10,868 visits/mo
0.3 miles
Demographics for 77504, TX
25,728
Population
10,080
Households
2.6
Avg Household Size
33
Median Age
17%
College-Educated
79%
High-School Grad
5.6 sq mi
ZIP Area
4,594
Density / Sq Mi
$52,784
Median Household Income
$35,789
Median Earnings
$1,196
Median Rent
$207,600
Median Home Value
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Market
Properties on Market for NNN properties in Harris County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - The absolute NNN lease assigns taxes, insurance, structural responsibilities, and operating expenses to the tenant.
Where is this nnn property located?
The property is located at 2616 Spencer Highway Pasadena, TX.
What is the asking price?
The asking price for this property is $2,387,880.
What are key features of this property?
This property features: 1,690 SF Sonic restaurant with drive‑through service; Absolute NNN lease assigns taxes, insurance, roof, structure, HVAC, repairs, and maintenance to the tenant; $130,248 in annual in‑place rental income
