Sonic Drive-Through NNN
8311 Hedge Lane Terrace Shawnee, KS
New
8311 Hedge Lane Terrace, Shawnee, KS, 00000
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For Sale
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Six Sonic drive-through properties offered for sale, with a 20-year absolute NNN sale leaseback upon close.
Property Size1,573 SF
Price / SF$649.38
Days on Market7
Property Features for 8311 Hedge Lane Terrace
General Information
- Standard status
- Active
- Size
- 1,573 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2003
Listing agency
CBRE - South Bay
(310) 303-9870
Listed by
Tony Anderson · License #CA 01936642
Source
Crexi
Added: Jul 15 Updated: Jul 21 at 12:35PM Checked: Jul 21 at 12:35PM
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 - South Bay
Investment Insights
Based on property information with market context.
This offering presents a six-unit Sonic portfolio for sale, with properties available individually or as a portfolio. Upon close of escrow, the tenant will execute a 20-year absolute triple net (NNN) sale leaseback. Tenant is responsible for taxes, insurance, and all repairs and maintenance, including roof and structure, leaving the landlord with no management responsibilities. The lease provides for 10% rental increases every five years and includes three, five-year tenant renewal options.
The subject site is located adjacent to a point of entry along Kansas State Highway 7 (KS-7), a primary north-south arterial serving the greater Shawnee trade area. Traffic counts in this area are reported at 26,384 vehicles per day. The property is positioned next to Perimeter Park, Shawnee’s oldest and most established industrial corridor, and is described as being near major employers including Nazdar, BioMicrobics, Kraft Tool, and Westar Energy.
The portfolio is operated by SERJ Group, a multi-brand franchisee with 25+ locations across three states.
The subject site is located adjacent to a point of entry along Kansas State Highway 7 (KS-7), a primary north-south arterial serving the greater Shawnee trade area. Traffic counts in this area are reported at 26,384 vehicles per day. The property is positioned next to Perimeter Park, Shawnee’s oldest and most established industrial corridor, and is described as being near major employers including Nazdar, BioMicrobics, Kraft Tool, and Westar Energy.
The portfolio is operated by SERJ Group, a multi-brand franchisee with 25+ locations across three states.
Key Highlights
- 6‑unit Sonic sale‑leaseback portfolio (available individually or as a portfolio) in Kansas; Year built: 2003
- 20‑year absolute triple net (NNN) sale leaseback upon close of escrow; tenant handles taxes, insurance, and all repairs & maintenance including roof & structure
- Lease includes 10% rental increases every 5 years plus three, five‑year tenant renewal options
Property Analytics
Location Intelligence
Current Use by Public Records
Drive through restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Six Sonic drive-through properties offered for sale, with a 20-year absolute NNN sale leaseback upon close.
Where is this nnn property located?
The property is located at 8311 Hedge Lane Terrace Shawnee, 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: 6‑unit Sonic sale‑leaseback portfolio (available individually or as a portfolio) in Kansas; Year built: 2003; 20‑year absolute triple net (NNN) sale leaseback upon close of escrow; tenant handles taxes, insurance, and all repairs & maintenance including roof & structure; Lease includes 10% rental increases every 5 years plus three, five‑year tenant renewal options
