Property summary
The offering presents an opportunity to acquire a purpose-built Sonic Drive-In operating in the Kilgore / Liberty City market of East Texas. The property benefits from an established drive-in configuration, visible highway-oriented positioning, and a site layout designed specifically for Sonic's carhop, drive-in, and quick-service operating model. The attached lease materials identify the property as a Sonic Drive-In restaurant use and reflect a long-term lease structure with contractual rent… growth, supporting predictable income for investors. The lease provides a 15-year primary term running through January 2033, with two additional five-year renewal options and 7% rent increases every five years. The tenant is responsible for broad property-level obligations, including operating costs, taxes, insurance, utilities, repairs, and maintenance, while the landlord has no maintenance obligation during the lease term. This structure creates a low-management net-lease investment backed by an operating Sonic franchisee and a personal guaranty from Randy Morse. The asset benefits from Kilgore's role as an East Texas employment and education hub. Major local anchors include Kilgore College, Kilgore ISD, Region 7 Education Service Center, East Texas Council of Governments, and multiple manufacturing and service-sector employers. Combined with Sonic's national brand recognition, $5.24 billion in 2025 U.S. systemwide sales, and approximately 3,412 total units, the investment offers a balance of national-brand tenancy, established site functionality, and durable local demand.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
16 properties nearbyComparable nearby
Similar Nearby for Sale
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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