1800 S Washington St
Grand Forks, ND 58201
Sonic Drive-In · Retail Property For Sale

The subject property is a 2,370 square foot Sonic Drive-In and Restaurant, a rare set-up for Sonics in that it includes the iconic carhop drive-up pads as well as indoor seating and a drive-thru. Most locations are roughly 800-1000 square feet, not allowing alternative uses if needed. The ample indoor seating makes this location a larger footprint Sonic and will allow an investor a much easier time re-tenanting should they need to do so. At closing the tenant will execute an absolute net lease (absolutely no landlord responsibilities). The primary lease term will be for 20 years. The Sonic was newly built in 2017 as an outparcel to Grand Cities Mall—sitting at over 360,000 square feet and operating for more than 50 years. The subject property is about half a mile from Red River High School and only two miles from University of North Dakota. The University houses over 16,000 students and staff. Grand Forks, ND is the third largest city in the state with a population of 53,000 people. The city sits directly on the state line between North Dakota and Minnesota.