312 S Main St | O'Fallon, MO 63366
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312 S Main St
O'Fallon, MO 63366
Sonic Drive-In · Retail Property For Sale
Investment Highlights
- Absolute NNN Ground Lease with 18+ Years Remaining plus an additional Four (4) Five (5)-Yr Options | New 20 Year Lease Signed in 2020
- 2% Annual Rental Increases | Strong & Above Market Hedge Against Inflation
- Excellent Demographics | Over 123,429 People Reside within 5-Miles of the Subject Property with an Avg. HH Income in Excess of $115,178
- 50+ Unit Guarantee | Experienced & Growing Sonic Franchisee with Strong Financials
- Proven Resiliency | Sonic is Pandemic, E-Commerce, & Recession Resistant | Strong National QSR Brand with Significant Momentum
- Sonic Acquired by Inspire Brands in 2018 | Inspire Brands Portfolio Includes Arby’s, Dunkin’, Jimmy John's, Buffalo Wild Wings, Baskin, Rusty Taco
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,632 SF
Building Class
C
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.77 AC
Zoning
AB2 - General Commercial
Frontage
189’ on S Main St
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
Property Taxes
| Parcel Number | 2-056B-6937-00-0001.0000000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $200,682 |
Property Taxes
Parcel Number
2-056B-6937-00-0001.0000000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$200,682
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