Sonic NNN
For Sale
Contact for pricing
302 Glade Rd E, Anniston, AL 36206
Absolute NNN lease structure eliminates routine landlord responsibilities for a passive ownership profile.
Property SizeContact for details
Days on Market141
Property Features for 302 Glade Rd E
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Traffic Count
29,600 vehicles/day
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 30 at 1:24AM
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 restaurant includes ownership of both the land and building. The property is structured under an absolute NNN lease, with no landlord responsibilities identified in the lease terms. At closing, Soar QSR is expected to execute a new 20-year lease supported by 4 (5-year) extension options. The tenant operates more than 191 units, and contractual rent increases are set at 10% every 5 years during the initial term and at each option period.
The restaurant is positioned near the intersection of State Highway 21, McClellan Blvd, and Weaver Road in Anniston, Alabama. Those roads combine for more than 29,600 vehicles passing daily. The site is adjacent to a Walmart Supercenter and a Tractor Supply Co anchored center with additional national and credit tenants, including McDonald’s, Taco Bell, Dollar Tree, NAPA Auto Parts, Subway, and Cato Fashions. Fort McClellan is nearby, with approximately 10,000 military personnel and 1,500 civilian employees. The 5-mile trade area includes over 32,400 residents and 13,600 employees, with average household income of $67,120.
The restaurant is positioned near the intersection of State Highway 21, McClellan Blvd, and Weaver Road in Anniston, Alabama. Those roads combine for more than 29,600 vehicles passing daily. The site is adjacent to a Walmart Supercenter and a Tractor Supply Co anchored center with additional national and credit tenants, including McDonald’s, Taco Bell, Dollar Tree, NAPA Auto Parts, Subway, and Cato Fashions. Fort McClellan is nearby, with approximately 10,000 military personnel and 1,500 civilian employees. The 5-mile trade area includes over 32,400 residents and 13,600 employees, with average household income of $67,120.
Key Highlights
- Sonic restaurant with fee‑simple ownership of the land and building
- Absolute NNN lease with zero landlord responsibilities
- New 20‑year lease at closing with 4 (5‑year) extension options
Property Analytics
Property Profile
Current Use
Lease Details
29,600 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
153k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 47%
Dining 45%
Shops & Services 8%
Walmart
Superstores
71,627 visits/mo
0.4 miles
McDonald's
Dining
30,987 visits/mo
0.5 miles
Jack's Family Restaurants
Dining
16,096 visits/mo
0.1 miles
SONIC Drive In
Dining
8,461 visits/mo
0.1 miles
Arby's
Dining
7,319 visits/mo
0.2 miles
Demographics for 36206, AL
10,946
Population
4,798
Households
2.3
Avg Household Size
40
Median Age
18%
College-Educated
85%
High-School Grad
15.8 sq mi
ZIP Area
693
Density / Sq Mi
$55,256
Median Household Income
$35,210
Median Earnings
$785
Median Rent
$128,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN lease structure eliminates routine landlord responsibilities for a passive ownership profile.
Where is this nnn property located?
The property is located at 302 Glade Rd E Anniston, AL.
What are key features of this property?
This property features: Sonic restaurant with fee‑simple ownership of the land and building; Absolute NNN lease with zero landlord responsibilities; New 20‑year lease at closing with 4 (5‑year) extension options
