Net-Leased Drive-Through Restaurant
451 East Oklahoma Avenue Ulysses, KS 67880
New
451 East Oklahoma Avenue, Ulysses, KS, 67880
$1,196,200
For Sale
$1,196,200
Six Sonic drive-through units for sale under 20-year absolute triple-net leases, offered individually or as a portfolio.
Property Size1,466 SF
Price / SF$815.96
Days on Market2
Property Features for 451 East Oklahoma Avenue
General Information
- Standard status
- Active
- Size
- 1,466 SF
- Property subtype
- Retail
Listing agency
CBRE - South Bay
(310) 303-9870
Listed by
Tony Anderson · License #01936642
(310) 303-9870
Source
Cbre
Added: Jul 20 Updated: Jul 21 at 4:07AM Checked: Jul 21 at 4:07AM
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 CBRE - South Bay
Investment Insights
Based on property information with market context.
CBRE presents a six-unit Sonic portfolio for sale, available individually or as a portfolio. Each unit is net leased on an absolute triple-net (NNN) structure with a 20-year term.
The leases are with SERJ Drive-In Kansas, an experienced multi-brand restaurant operator. The portfolio is structured to provide geographic diversification across multiple Kansas markets, with a conservative rent-to-sales ratio as noted in the offering materials.
For reference, one unit in the portfolio is located at 451 East Oklahoma Avenue, Ulysses, KS 67880.
The leases are with SERJ Drive-In Kansas, an experienced multi-brand restaurant operator. The portfolio is structured to provide geographic diversification across multiple Kansas markets, with a conservative rent-to-sales ratio as noted in the offering materials.
For reference, one unit in the portfolio is located at 451 East Oklahoma Avenue, Ulysses, KS 67880.
Key Highlights
- 6 Sonic drive‑through units in Kansas available individually or as a portfolio
- Properties are net leased to SERJ Drive‑In Kansas
- 20‑year absolute triple‑net (NNN) leases
Property Analytics
Location Intelligence
Current Use by Public Records
Sonic Drive-In
Restaurant
FAQs
What type of property is this?
NNN property - Six Sonic drive-through units for sale under 20-year absolute triple-net leases, offered individually or as a portfolio.
Where is this nnn property located?
The property is located at 451 East Oklahoma Avenue Ulysses, KS.
What is the asking price?
The asking price for this property is $1,196,200.
What are key features of this property?
This property features: 6 Sonic drive‑through units in Kansas available individually or as a portfolio; Properties are net leased to SERJ Drive‑In Kansas; 20‑year absolute triple‑net (NNN) leases