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10642 Chapman Hwy
Seymour, TN 37865
Sonic · Retail Property For Sale
Investment Highlights
- Absolute NNN Lease: The Landlord benefits from a NNN lease with no responsibilities.
- Long Term Tenancy: Sonic has operated this location since 2007 and has 4, Five Year Options remaining on the lease.
- Located within Seymour’s main retail corridor on State Highway 441 which receives nearly 30k VPD
- Corporate Guarantee: This Sonic is operated by SRI Operating Company, Sonic’s corporate entity.
- Approximately 27% below market rent compared to the average Sonic Drive-In
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,829 SF
Building Class
C
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.75 AC
Zoning
C-2 - Commercial
Parking
18 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
78’ on Chapman Hwy
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 045-062.06 | Improvements Assessment | $231,440 |
| Land Assessment | $170,800 | Total Assessment | $402,240 |
Property Taxes
Parcel Number
045-062.06
Land Assessment
$170,800
Improvements Assessment
$231,440
Total Assessment
$402,240
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