217 N Henderson Blvd
Kilgore, TX 75662
Sonic (Explosive Sales) · Retail Property For Sale

The subject property offers the qualified investor an opportunity to acquire an established restaurant investment property with a new absolute net lease, remarkable store sales, and a very attractive return on investment. Offered as a sale-leaseback, upon close of escrow tenant will enter into a new 15 year lease with attractive 7.0% rent increases every 5 years. Operated by a highly experienced franchisee team with over five decades of experience and some of the highest grossing Sonics in the system, the property has produced excellent fundamentals for the past decade and is poised to continue to do so moving forward. With a rare personal guarantee in place, this investment combines attractive returns, excellent performance, and healthy operational fundamentals with commitment seldom found in other investments. Located just south of Interstate 20, Kilgore is a city in the eastern part of Texas that is geographically located 11 miles southwest of Longview, Texas, 71 miles west of Shreveport, Louisiana and 115 miles east of Dallas, Texas. Known for its rich oil and gas industry, Kilgore benefits from industrial employers as well as Kilgore College which has over 5,300 enrolled students.