Description

The Northmarq National Restaurant Group presents a single-tenant Sonic property located at 1901 W. Frank Avenue in Lufkin, Texas. The asset is secured by an absolute NNN lease with 14.52 years remaining, four five-year renewal options, and 10 percent rent increases every five years. The tenant, Soar Restaurants II, LLC, is a top-three Sonic franchisee that operates six different restaurant concepts, providing one of the brand’s strongest franchise guaranties nationwide. The property is strategically positioned along West Frank Avenue and US-287, benefiting from nearly 40,000 vehicles per day and offering immediate access to U.S. Highway 59, part of the future I-69 corridor. The site is surrounded by major national retailers and St. Luke’s Memorial Hospital, while the broader trade area includes approximately 13,000 students within five miles, major healthcare providers, large industrial employers, and a strong tourism sector that attracted 6.3 million visitors in 2023. These factors support consistent consumer demand and long-term growth potential. With its long-term absolute NNN lease, strong franchisee guaranty, and prime Texas location, this Sonic property offers investors durable income, inflation protection, and strong long-term investment value.