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9846 Interstate 20
Merkel, TX 79536
SONIC · Retail Property For Sale
PROPERTY FACTS
ABOUT 9846 INTERSTATE 20 , MERKEL, TX 79536
Colliers International is pleased to present for sale a single tenant, net leased, Sonic restaurant located at 9846 Interstate 20 Merkel, TX 79536. The subject property sits in front of a grocery store and gas station with great visibility from I-20. The location is directly off I-20 and is the first restaurant you come to. Merkel is part of the Abilene MSA. The tenant operates under a NNN lease with 5.8 years remaining on the original term. The new lease contains four (4), five (5) year renewal options and features 10% rent increases every five years. This is a true NNN lease structure with zero landlord responsibilities.
PROPERTY TAXES
| Parcel Number | 40495 | Improvements Assessment | $798,495 |
| Land Assessment | $37,505 | Total Assessment | $836,000 |
PROPERTY TAXES
