1006 E First St | Hughes Springs, TX 75656
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1006 E First St
Hughes Springs, TX 75656
Sonic Drive-In · Retail Property For Sale
Investment Highlights
- Absolute Net Lease with 4.4 Years Remaining
- Low Price-Point
- Largest Chain of Drive-In Restaurants in the U.S. with 3,500+ Locations
- Fifth-Largest Sonic Franchisee with 122 Locations
- Strategic Location in a Qualified Opportunity Zone
Executive Summary
Offered for sale is an absolute net lease Sonic in Hughes Springs, TX. The property consists of a 1,801-square-foot, freestanding building that sits on approximately 0.76 acres of land. There are 4.4 years remaining on the lease with 2% annual rental increases in the second option period.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,801 SF
Building Class
C
Year Built
2002
Price
$831,870 CAD
Price Per SF
$462 CAD
Cap Rate
8%
NOI
$66,550 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.76 AC
Opportunity Zone
Yes
PROPERTY TAXES
| Parcel Number | 11913 | Improvements Assessment | $649,265 CAD |
| Land Assessment | $33,993 CAD | Total Assessment | $683,257 CAD |
PROPERTY TAXES
Parcel Number
11913
Land Assessment
$33,993 CAD
Improvements Assessment
$649,265 CAD
Total Assessment
$683,257 CAD
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
