Sonic Drive-In NNN
61105 Airport Rd Slidell, LA 70460
61105 Airport Rd, Slidell, LA, 70460
Contact for pricing
For Sale
Contact for pricing
Sonic drive-in on an NNN lease with 20 years remaining and scheduled rent escalations.
Days on Market104
Property Features for 61105 Airport Rd
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
CBRE - Tampa
Listed by
James Garner, CCIM · License #FL SL3273659
Source
Crexi
Added: Apr 10 Updated: Jul 22 at 11:37AM Checked: Jul 22 at 11:37AM
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 - Tampa
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to offer for sale a Sonic Drive-In property on a NNN lease. Sonic has 20 years remaining on the lease, with four, five-year option periods. The rent schedule includes a five percent increase after the first five years, a seven and a half percent increase on the second five-year period, and a ten percent increase every five years thereafter. The lease is guaranteed by four units, and the property is managed by Pac III Management, LLC.
The Sonic has been operating at this location since 2008. The property is an outparcel to a shopping strip with tenants that include David’s Bridal, Ross Dress for Less, and Academy Sports + Outdoors. North Shore Square Mall, along with major retail tenants including Walmart, Sam’s Club, and Home Depot, is less than one mile away. The site is within a quarter mile of five hotels and approximately two miles south of Slidell Municipal Airport. The address is 61105 Airport Rd, Slidell, Louisiana 70460.
Within a three-mile radius, the median age and average household income are approximately 36 years and $68,600, respectively. The New Orleans–Metairie–Kenner MSA location is described as less than one hour north of New Orleans.
The Sonic has been operating at this location since 2008. The property is an outparcel to a shopping strip with tenants that include David’s Bridal, Ross Dress for Less, and Academy Sports + Outdoors. North Shore Square Mall, along with major retail tenants including Walmart, Sam’s Club, and Home Depot, is less than one mile away. The site is within a quarter mile of five hotels and approximately two miles south of Slidell Municipal Airport. The address is 61105 Airport Rd, Slidell, Louisiana 70460.
Within a three-mile radius, the median age and average household income are approximately 36 years and $68,600, respectively. The New Orleans–Metairie–Kenner MSA location is described as less than one hour north of New Orleans.
Key Highlights
- Sonic drive‑in on an NNN lease with 20 years remaining.
- Lease includes scheduled rent escalations: 5% after the first 5 years, 7.5% on the second 5‑year period, then 10% every 5 years.
- NNN lease is guaranteed by four units.
Property Analytics
Location Intelligence
Current Use by Public Records
Sonic Drive-In
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Sonic drive-in on an NNN lease with 20 years remaining and scheduled rent escalations.
Where is this drive through restaurant located?
The property is located at 61105 Airport Rd Slidell, LA.
What are key features of this property?
This property features: Sonic drive‑in on an NNN lease with 20 years remaining.; Lease includes scheduled rent escalations: 5% after the first 5 years, 7.5% on the second 5‑year period, then 10% every 5 years.; NNN lease is guaranteed by four units.
