Sonic
Brewton, Alabama
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NNN Pro Group is pleased to present the exclusive listing for the Sonic located at 2082 Douglas Ave, Brewton, AL. The site will consist of roughly 1,307 rentable square feet of building space on estimated 1.11-acre parcel of land. The Sonic is subject to a 20-year absolute triple-net (NNN) lease, which commenced on September 1st, 2023. The initial annual rent will be $85,000 and is scheduled to increase by one-and-a-half percent (1.50%) annually starting year two (2) throughout the base term and in each of the four (4), five (5)-year renewal options.
About the Investment:
✓ 20-Year Absolute Triple-Net (NNN) Lease
✓ Franchisee Guarantee from Quality Huts Drive-In (+70-units)
✓ 1.50% Annual Rental Increases Starting Year Two
✓ Four (4), Five (5)-Year Tenant Renewal Option Periods
✓ Brand New Construction