Building Details

Tenancy Single

Listing Agency: CBRE - Detroit

Listed By: Peter Furest · License #NY 10401232530

Source: Crexi

Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 1:07PM

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Investment Insights

Based on property information with market context.

This offering consists of the fee-simple interest in a single-tenant Sonic drive-through restaurant at 417 Highway 76 in White House, Tennessee. The property is occupied by Sonic and structured with a corporate lease guarantee from Sonic Corporation.

Sonic Corporation was recently acquired by Inspire Brands, providing additional context for the guarantor relationship. The asset is located in White House, TN 37188 and is offered for sale as a single-tenant restaurant property.

Key Highlights

• Fee‑simple interest in a single‑tenant Sonic restaurant
• Drive‑through restaurant property at 417 Highway 76
• Lease guaranteed by Sonic Corporation

Property Analytics

Property Profile

Current Use

Drive through restaurants

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Law Firm Electrical Service Kitchen & Bath Showroom

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

487

Businesses Nearby

156k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 47% Groceries 27% Dining 21% Home Improvements & Furnishings 4%

Kroger Groceries

42,606 visits/mo 0.3 miles

Kroger Fuel Center Shops & Services

17,309 visits/mo 0.3 miles

Dollar Tree Shops & Services

16,272 visits/mo 0.2 miles

Speedway Shops & Services

13,199 visits/mo 0.3 miles

SONIC Drive In Dining

11,114 visits/mo 0.0 miles

Demographics for 37188, TN

16,281

Population

6,815

Households

2.4

Avg Household Size

38

Median Age

25%

College-Educated

92%

High-School Grad

30.7 sq mi

ZIP Area

530

Density / Sq Mi

$87,412

Median Household Income

$48,556

Median Earnings

$1,394

Median Rent

$305,900

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Drive through restaurant - Single-tenant property supported by a Sonic Corporation lease guarantee and fee-simple ownership.

Where is this drive through restaurant located?

The property is located at 417 Highway 76 White House, TN.

What are key features of this property?

This property features: Fee‑simple interest in a single‑tenant Sonic restaurant; Drive‑through restaurant property at 417 Highway 76; Lease guaranteed by Sonic Corporation