Established Restaurant Investment
63076 N Hwy 97 Bend, OR 97701
63076 N Hwy 97, Bend, OR, 97701
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For Sale
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Profitable drive-in restaurant with long-term tenant in place.
Property Size1,700 SF
Price / SF$2,470
Days on Market1485
Property Features for 63076 N Hwy 97
General Information
- Standard status
- Active
- Size
- 1,700 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2008
Listing Agency
Keller Williams Portland Central
(503) 496-5151
Listed by
James Gillespie · License #OR 900800253
Source
Crexi
Added: Jun 24, 2022 Checked: Jul 16 at 9:13 am
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Investment Insights
Based on property information with market context.
This property is currently operating as a drive-in restaurant. The tenant has been involved with Sonic for over 35 years and currently operates 9 Sonic locations in Oregon and Northern California. The lease includes a personal guarantee and has zero landlord responsibilities, making it a management-free passive investment. Sonic was founded in 1953 and is the nation's largest chain of drive-in restaurants with more than 3,500 drive-ins serving approximately 3 million customers every day. The property size is 1,700 square feet.
Key Highlights
- Management‑free passive investment with zero landlord responsibilities
- Lease is signed with a personal guarantee
- Tenant operates 9 Sonic locations in Oregon and Northern California
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sonic Drive-In
Restaurant
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FAQs
What type of property is this?
Drive through restaurant - Profitable drive-in restaurant with long-term tenant in place.
Where is this drive through restaurant located?
The property is located at 63076 N Hwy 97 Bend, OR.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Management‑free passive investment with zero landlord responsibilities; Lease is signed with a personal guarantee; Tenant operates 9 Sonic locations in Oregon and Northern California