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Net-Leased Drive-Through Restaurant Portfolio

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
Listed by Tony Anderson · License #01936642
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.

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

Suggested Use

Law Firm Spa & Massage Center Real Estate Agency Pharmacy Building Supply Nail Salon Hair Salon Gym & Fitness Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

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
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