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224 Dexter L. Wood Memorial
Waynesboro, TN 38485
Sonic · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • NNN Leases to Established Sonic Franchisee with Approximately 10 Years Remaining
  • Personal Guaranty from Experienced Operator with 32 Units
  • No State Income Tax in Tennessee
  • Strong Store Sales with Percentage Rent Included – Low Rent to Sales Ratios
  • Sonic is the Largest Drive-In Restaurant Brand in the U.S. with Over 3,500 Locations in 45 States

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
1,273 SF
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.00 AC
Parking
15 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
250’ on Dexter L Woods Memorial B

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
077C-A-019.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$175,440
  • Listing ID: 28150051

  • Date on Market: 4/5/2023

  • Last Updated:

  • Address: 224 Dexter L. Wood Memorial, Waynesboro, TN 38485

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