Sonic NNN Property For Sale — Independence, MO
Independence, MO, Independence, MO
This Sonic NNN (triple net lease) property is located in Independence, MO and represents an excellent investment opportunity for commercial real estate investors. The property features 1514 square feet of building space and was built in 1994. With a cap rate of 7.5%, this Sonic net lease property offers stable income potential. The asking price is $1,528,013, making it an attractive option for 1031 exchange investors seeking quality Sonic commercial properties. Sonic net lease properties provide predictable cash flow with minimal landlord responsibilities. Sonic is a nationally recognized brand with proven operational success. This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes. The tenant is responsible for property taxes, insurance, a…
- Address: Independence, MO, Independence, MO
- Asking price $1.53M
- 7.50% cap rate
- NOI $114,601
- 9.7 years remaining
- NNN lease
- Year built: 1994
- Building size: 1,514 SF
- Lot size: 0.97 acres
- Lease expiration: Aug 31, 2035
- Rent increases: 10% Every 5 Years
- Guarantor: Corporate
Location
This Sonic property is at Independence, MO in Independence, Missouri.
Asset type: Retail, QSR/Fast Food, Restaurant