Sonic Absolute NNN
For Sale
Contact for pricing
5680 US-278, Hokes Bluff, AL 35903
Operating Sonic restaurant with a newly structured long-term lease and nearby retail, dining, and medical anchors.
Property SizeContact for details
Days on Market143
Property Features for 5680 US-278
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
16,600 vehicles/day
Highway Access
Yes
Listing Agency:
SRS Real Estate Partners New York
(973) 632-1386
Listed By:
Britt Raymond · License #NY 10491212709
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 6:00PM
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 property includes ownership of both the land and building and is structured as an absolute NNN investment. At closing, the operator is expected to execute a new 20-year lease with four 5-year extension options. The lease provides 10% rent increases every 5 years during the initial term and at the start of each option period, with no landlord responsibilities stated in the offering details. The lease is guaranteed by Soar QSR, a 191+ unit Sonic operator and the brand’s 3rd largest franchisee.
The restaurant sits near the signalized intersection of US Hwy 278 and Alford Bend Rd, where the combined traffic count is 16,600 vehicles per day. It is adjacent to a Dollar General-anchored center with Taco Bell and Subway pads. Coosa Town Center, a 300,000 SF Walmart Supercenter-anchored center, is less than 6 miles away, while Gadsden Regional Medical Center is 5 miles from the property.
The restaurant sits near the signalized intersection of US Hwy 278 and Alford Bend Rd, where the combined traffic count is 16,600 vehicles per day. It is adjacent to a Dollar General-anchored center with Taco Bell and Subway pads. Coosa Town Center, a 300,000 SF Walmart Supercenter-anchored center, is less than 6 miles away, while Gadsden Regional Medical Center is 5 miles from the property.
Key Highlights
- Absolute NNN lease with no landlord responsibilities
- New 20‑year lease at closing with 4 (5‑year) extension options
- 10% rent increases every 5 years during the initial term and option periods
Property Analytics
Current Use
Lease Details
16,600 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 35903, AL
17,344
Population
8,338
Households
2.1
Avg Household Size
41
Median Age
16%
College-Educated
87%
High-School Grad
68.2 sq mi
ZIP Area
254
Density / Sq Mi
$50,063
Median Household Income
$35,361
Median Earnings
$823
Median Rent
$170,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Operating Sonic restaurant with a newly structured long-term lease and nearby retail, dining, and medical anchors.
Where is this nnn property located?
The property is located at 5680 US-278 Hokes Bluff, AL.
What are key features of this property?
This property features: Absolute NNN lease with no landlord responsibilities; New 20‑year lease at closing with 4 (5‑year) extension options; 10% rent increases every 5 years during the initial term and option periods
