Sonic - White House
417 Highway 76 White House , TN 37188-9202
Sonic - White House - Retail for sale
•The Property possesses ideal net lease fundamentals, highlighted by an Absolute NNN structure with no landlord responsibilities and over 7 years of primary term remaining.
•The lease is guaranteed by Sonic Corporation, the nation’s largest drive-in restaurant serving approximately 3 million customers every day. Today, Sonic has more than 3,600 locations in 44+ states.
•Sonic Corporation and Inspire Brands recently announced a merger, where Sonic Corporation was acquired for $2.3 billion dollars. Inspire Brands is a private company backed by Roark Capital Group.
•The Asset is strategically located within White House, TN located along Highway 76 that sees over 17,900 VPD. The surrounding area is the major retail corridor of White House with retailers Kroger, Walmart, Walgreens and other various retailers.
•White House is located 20 miles north of Nashville, TN, and is a growing, affluent suburb that is attracting many families looking to relocate in the Nashville MSA.
•This Sonic Asset benefits from being the only Sonic location in White House, TN and serving a population of over 16,000 in a 3-mile radius.
|Tenure Type||Sale / Purchase|
|Property Address||417 Highway 76, White House, TN 37188-9202|
|Land In Acres||0.89|
|Building Size||1,350 ft2|
|Tenant's Name||Sonic Restaurants, Incorporated|
|Lease Expiration Date||10/31/2026|
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