8311 Hedge Lane Terrace Lenexa, KS 66227

Listing agency CBRE - South Bay t***@cbre.com Show Phone

Listed by Tony Anderson · License #01936642 Show Phone

Source Cbre

Added: Jul 20 Updated: Jul 21 at 4:23PM Checked: Jul 21 at 4:23PM

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Investment Insights

Based on property information with market context.

CBRE presents a six-unit Sonic portfolio, offered individually or as a portfolio, with net lease obligations in place. The properties are described as being under 20-year absolute triple-net (NNN) leases and are net leased to SERJ Drive-In Kansas, a multi-brand restaurant operator.

The portfolio is positioned across multiple markets in Kansas, providing geographic diversification across varying trade area profiles. The offering also highlights a conservative rent to sales ratio and an experienced operator.

One of the properties is listed at 8311 Hedge Lane Terrace, Lenexa, KS 66227, and the remarks note close proximity to KS-7 highway for the group.

Key Highlights

• Sonic portfolio with six individually available drive‑in properties in Kansas
• Long‑term absolute triple‑net (NNN) lease structure across the portfolio
• Net leased to SERJ Drive‑In Kansas, an experienced multi‑brand restaurant operator

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FAQs

What type of property is this?

Drive through restaurant - Six individually available Sonic drive-in properties are offered with long-term absolute triple-net leases.

Where is this drive through restaurant located?

The property is located at 8311 Hedge Lane Terrace Lenexa, KS.

What is the asking price?

The asking price for this property is $1,021,467.

What are key features of this property?

This property features: Sonic portfolio with six individually available drive‑in properties in Kansas; Long‑term absolute triple‑net (NNN) lease structure across the portfolio; Net leased to SERJ Drive‑In Kansas, an experienced multi‑brand restaurant operator