For Sale $2,412,200
Property Type Retail - Freestanding
Property Size 3,530 SF
Units 1
Lot Size 0.92 Acre
Property Tenancy Single Tenant
Year Built 2006
Year Renovated 2020
Date Updated Oct 10, 2023

TBDTrinity Real Estate Investment Services is pleased to present the opportunity to acquire an absolute NNN Sonic in Fairbanks, AK. There are 7+ years remaining on the current term with 1.50% rental increases occurring annually. Broker of Record: Brian Brockman | Bang Realty-Pacific Inc. | AK #164417 | 40 W 4th Avenue, STE 104 Anchorage, AK 99501

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Highlights

Absolute NNN Lease Fairbanks, Alaska Sonic Drive-In
7+ Years Remaining on Current Term of Lease
Attractive 1.5% Annual Rental Increases Throughout Term of the Lease
Site Significantly Outperforming Average Unit Level Sales Volume for Sonic - Contact Agents for More Details
Larger Footprint - 3,530 SF Which is Traditional Size for QSR Restaurants
Almost 1 Acre Parcel Along Fairbank's Major Retail Corridor - Walmart, Lowe's, Home Depot, PETCO
Great Visibility Along Johansen Expy (Almost 20K VPD)
Sonic Opened Their First Site in Alaska in 2019 With Great Success - Sonic Now has 4 Locations in the State