9223 Highway 67 | Clinton, LA 70722
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- LoopNet Team
9223 Highway 67
Clinton, LA 70722
SONIC DRIVE-IN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years
- Lease is Personally Guaranteed by the Operator (Net Worth in Excess of $19,000,000)
- Positioned on a Large ±1.91-Acre Parcel with Great Drive-By Visibility on LA-67 (aka Plank Rd) where Traffic Counts 7,600 CPD!
- McLaSon, LLC/Panhandle Restaurant Group, LLC Operates a Total of 7 Sonic Drive-In Restaurants, 1 Rib Crib Restaurant and Number of Other Restaurants
- Very Strong Sales Performance (Well-Above National Average)! Successfully Open & Operating Since 2001 with an Attractive 9.50% Rent to Sales Ratio!
- 2020 DEMOGRAPHICS (5-MI): Total Population: 4,440 | Average Household Income: $69,989
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,614 SF
Building Class
C
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.91 AC
Zoning
Commercial
Parking
32 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
114’ on Louisiana 67
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Number | 52-00000089 | Improvements Assessment | $365,160 |
| Land Assessment | $24,060 | Total Assessment | $389,220 |
PROPERTY TAXES
Parcel Number
52-00000089
Land Assessment
$24,060
Improvements Assessment
$365,160
Total Assessment
$389,220
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