Net Operating Income
1,582 SQ FT
(4) - 5 Year Options
20 YEAR ABSOLUTE NNN LEASE
- Tenant is responsible for all Taxes, Insurance, CAM, repairs, & replacements such that the rent is truly “Net” to Landlord.
EXPERIENCED 50+ UNIT FRANCHISE | STRONG FINANCIALS
Seasoned retail operator with a proven track record of success, fortified financials with strong business and balance sheet.
2% ANNUAL INCREASES | STRONG HEDGE AGAINST INFLATION
- The Federal Reserve has flooded the market with stimulus and expanded money supply by trillions of dollars creating substantial inflationary concerns.
- In addition to recently announcing policies to allow for a higher run rate of inflation targets, allowing inflation to exceed the long-standing 2%target threshold.
PROVEN RESILIENCY | PANDEMIC, E-COMMERCE, & RECESSION RISKS
- Sonic Drive-In Restaurants have not only survived the impact of a global pandemic but thrived. System-wide same-store sales have benefited from double-digit percentage growth during the pandemic
- Quick Service Restaurants are one of the few service-based industries that are not threatened by the rise in E-Commerce
- Quick Service Restaurants offer an affordable meal option resulting in strong historical performance in past recessions
- Over 53,159 People Live 5-Miles from Subject Property.
- Over 2,400 Businesses & 25,000 Employees Within 5-Miles of Subject Property
- Affluent Area | Avg. HH Income Exceeds $116,186 Within 5-Miles of Subject Property
SOUTHERN ILLINOIS UNIVERSITY EDWARDSVILLE
- Close Proximity to Southern Illinois University Edwardsville (14,000+ students)
- Located Adjacent to Edwardsville High School (2,200+ Students)