Property summary
This exceptional investment opportunity presents a brand-new, 1,200 square foot Sonic restaurant situated on a 0.69-acre lot in Fayetteville, Georgia. Built in 2024, this single-story building features a double drive-thru lane, a key element of the new drive-thru prototype design. The property boasts a 15-year absolute NNN ground lease with a corporate guarantee from Sonic, a leading QSR brand. Rent increases by 10% every five years, ensuring consistent income growth. The lease includes four 5-year renewal options, providing long-term stability. The property generates a strong net operating income (NOI) of $132,500, resulting in a 6.25% cap rate. Strategically located as an outparcel to Banks Station Shopping Center, this site benefits from high visibility at the signalized intersection of State Highway 85, State Highway 314, and N Jeff Davis Dr, with combined daily traffic exceeding 72,000 vehicles. The location is further enhanced by its proximity to Fayette Pavilion, a top-performing power center, and enjoys a strong demographic profile, with an average household income of $101,522 within a 3-mile radius. This prime location, coupled with the strength of the Sonic brand and the favorable lease terms, makes this a compelling investment opportunity. The asking price is $2,120,000, representing a price per square foot of $1,766.67. The property is currently 100% occupied. This is a rare chance to acquire a high-performing, low-risk investment in a thriving market.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant Take-out & Catering
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C C3 · Fayetteville, GAZoning
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Zoning designation
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