Sonic Triple-Net Lease
4340 Lexington Rd Athens, GA 30605
For Sale
Contact for pricing
Absolute triple-net sale-leaseback with 20-year term and scheduled annual rent increases.
Property Size1,798 SF
Lot Size1.48 Acres
Days on Market103
Property Features for 4340 Lexington Rd
General Information
- Standard status
- Active
- Size
- 1,798 SF
- Lot size
- 1.48 Acres
- Property subtype
- Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Jul 23
Last Checked: Jul 23 at 5:53AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
Marcus & Millichap presents the exclusive offering for the Sonic located at 4340 Lexington Road in Athens, GA. The site is planned to include approximately 1,798 rentable square feet of building space on an estimated 1.48-acre parcel.
The transaction is structured as a 20-year absolute triple-net (NNN) sale-leaseback, which will commence upon close of escrow. The initial annual rent is $142,499, with scheduled increases of 1.50% annually starting in year six throughout the base term and in each of the four five-year renewal options.
The transaction is structured as a 20-year absolute triple-net (NNN) sale-leaseback, which will commence upon close of escrow. The initial annual rent is $142,499, with scheduled increases of 1.50% annually starting in year six throughout the base term and in each of the four five-year renewal options.
Key Highlights
- Sonic at 4340 Lexington Road, Athens, GA
- About 1,798 rentable SF building on an estimated 1.48‑acre parcel
- 20‑year absolute triple‑net (NNN) sale‑leaseback sale, commencing upon close of escrow
Property Analytics
Location Intelligence
Current Use by Public Records
Sonic Drive-In
Restaurant
FAQs
What type of property is this?
NNN property - Absolute triple-net sale-leaseback with 20-year term and scheduled annual rent increases.
Where is this nnn property located?
The property is located at 4340 Lexington Rd Athens, GA.
What are key features of this property?
This property features: Sonic at 4340 Lexington Road, Athens, GA; About 1,798 rentable SF building on an estimated 1.48‑acre parcel; 20‑year absolute triple‑net (NNN) sale‑leaseback sale, commencing upon close of escrow
