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    FOR SALE
    Drive through restaurants

    435 East Main St Hohenwald, TN 38462

    1,173 SF 0.4 ac lot Built 1975
    Individually Owned Free & Clear
    Property ID
    US80-1939644
    435 East Main St, Hohenwald, TN 38462 For Sale 1 / 45
    $300,000 1,173 SF
    435 East Main St, Hohenwald, TN 38462
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    Property summary
    AI-generated overview

    This fee-simple Sonic Drive-In in Hohenwald, Tennessee, presents a compelling redevelopment opportunity for developers or users. Located at 435 E Main St, this 1,173 square foot property sits on a highly visible 100+ foot frontage along E Main St, a major retail thoroughfare with approximately 11,880 vehicles passing daily. The property boasts a strong retail presence, neighboring Walmart, Hardee's, McDonald's, and other national brands. Currently operating under a NNN lease with 1.4 years remaining, the property offers a $600,000 asking price, a 5.50% cap rate, and a $33,000 NOI. Built in 1975, this single-tenant property is a top performer, ranking in the 79th percentile for Sonic locations nationwide, with over 460,000 annual visitors according to AlphaMaps data. This location offers significant upside potential for those seeking to capitalize on its prime location and high foot traffic. The property's strong performance and location make it an attractive investment opportunity. The property is located in Lewis County, Tennessee, zip code 38462.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 1975
    Total area 1,173 SF
    Lot 0.4 ac (17,300 SF)
    Zoning code C-3
    APN 051035P C 00801
    UPID US80-1939644
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Sonic Drive-In Restaurant Take-out & Catering
    1 occupant on record
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Owner & transaction history
    DAVID M ADCOX
    DAVID M ADCOX
    Zoning & alternative use
    C-3 · Hohenwald, TN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Zoning description

    These districts are designed co provide for a wide range of commercial uses concerned with retail trade and consumer services, amusement and entertainment establishments, automotive and vehicular service establishments, transient sleeping accommodations, drive in stores, eating and drinking places, financial institutions and offices

    Zone name Corridor Commercial District
    General category COMMERCIAL
    Zone area 424.84 ac
    Source Realmo
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