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INVESTMENT HIGHLIGHTS
Absolute NNN Lease - No Landlord Responsibilities
Annual Rent Increases - 1.5% annual increases through the remainder of the Lease and Options
Strong Franchisee Guaranty - The franchisee operates 60 Sonic Drive-In Locations across Georgia, South Carolina & Texas
Well Below Market Rent - Rent of $55,031 is 28% below TX Market Rent ($120,521) and 30% below National Market Rent ($124,001)
Strong Retail Synergy - Nearby anchors include Walmart Supercenter, Family Dollar, Walgreens, Town & Country Ford, and Wells Fargo
High Traffic Count - Located at the intersection of Twin City Highway (32k VPD) & TX-73 (39k VPD), providing a combined 70k+ VPD
Home to Global Leaders - ENGlobal, ExxonMobil, Goodyear Tire, Motiva Enterprises, Valero Refining Group - all providing strong employment figures in the area
Ranked #6 Most Affordable Places to Live (US News & World) - Compared to the national average, the cost of living in the Beaumont-Port Arthur MSA is 7% less, and housing expenses are 10% lower
Boomtown Activity - The Greater Beaumont area has over $80b worth of current and planned industrial projects, $4.5b in infrastructure projects, and $460m in commercial and retail projects
