Sonic NNN Drive-Through
For Sale
Contact for pricing
707 E Main St, Allen, TX 75002
Sonic drive-through restaurant on nearly one acre with a long-term absolute NNN sale-leaseback structure.
Property Size1,164 SF
Lot Size0.99 Acres
Days on Market143
Property Features for 707 E Main St
General Information
Standard status
Active
Size
1,164 SF
Lot size
0.99 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 6:57AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
This Sonic property includes approximately 1,164 rentable square feet of building area on an estimated 0.99-acre parcel. The improvements support a drive-through restaurant use and are identified with the Sonic name.
Located at 707 E Main St in Allen, Texas, the property is structured as an absolute triple-net sale-leaseback. The lease is set for a 20-year base term, with 1.50% annual rent increases beginning in year six. Four additional five-year renewal options are included, creating a defined lease framework beyond the initial term.
Located at 707 E Main St in Allen, Texas, the property is structured as an absolute triple-net sale-leaseback. The lease is set for a 20-year base term, with 1.50% annual rent increases beginning in year six. Four additional five-year renewal options are included, creating a defined lease framework beyond the initial term.
Key Highlights
- Sonic drive‑through restaurant at 707 E Main St, Allen, TX 75002
- Approximately 1,164 rentable square feet of building space
- Estimated 0.99‑acre parcel
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
659
Businesses Nearby
136k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 43%
Apparel 6%
Home Improvements & Furnishings 3%
Dollar Tree
Shops & Services
21,464 visits/mo
0.4 miles
Braum's Ice Cream & Dairy Stores
Dining
15,896 visits/mo
0.2 miles
SONIC Drive In
Dining
13,226 visits/mo
0.1 miles
7-Eleven
Shops & Services
9,008 visits/mo
0.4 miles
Chicken Express
Dining
8,543 visits/mo
0.1 miles
Demographics for 75002, TX
69,939
Population
24,174
Households
2.9
Avg Household Size
38
Median Age
52%
College-Educated
95%
High-School Grad
37.6 sq mi
ZIP Area
1,860
Density / Sq Mi
$129,306
Median Household Income
$61,171
Median Earnings
$1,967
Median Rent
$403,800
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 - Sonic drive-through restaurant on nearly one acre with a long-term absolute NNN sale-leaseback structure.
Where is this nnn property located?
The property is located at 707 E Main St Allen, TX.
What are key features of this property?
This property features: Sonic drive‑through restaurant at 707 E Main St, Allen, TX 75002; Approximately 1,164 rentable square feet of building space; Estimated 0.99‑acre parcel
