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Sonic
45 Stafford Lane, Delta, CO, 81416, USA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,526 SF Sonic NNN Asset Located at 45 Stafford Lane in Delta, CO. This Deal Includes a Brand New 20-Year Absolute Triple Net (NNN) Sale Leaseback With Zero Landlord Responsibilities and Strong Hedge Against Inflation With 10% Rent Increases Every 5 Years, Providing For a Secured Investment.
- Brand New 20-Year Absolute Triple Net (NNN) Sale Leaseback With Zero Landlord Responsibilities
- Strong Sales Performance With Healthy 5% Rent to Sales Ratio; Store is Performing Well Above Sonic’s National Average Unit Volume (AUV)
- Strong Hedge Against Inflation With 10% Rent Increases Every 5 Years
- Outparcel to a Walmart Supercenter and Surrounded By National Anchors Including Safeway and Anytime Fitness Providing For Outstanding Traffic Drivers
- Target Demographic For Sonic With Limited Competition and Successful 20 Year Operating History
- Located 0.25-Miles From Delta Health, a Regional Hospital That Consists of 49 Beds and is Currently the Clinical Space For Inpatients, Medical Imaging, Laboratory, Four Surgery Suites, Medical Records, Business Office, Nutrition Services, Hospital Administration and the Emergency Department
- Minutes From Westwinds Airport, a Connecting Airport to Aspen, Colorado Springs, Denver, Durango, Grand Junction and Montrose
- Located at the Conjunction of Highway 50 & Highway 92, Which Connects Tourists to Major Ski Resorts and Spans 74-Miles From Gunnison County to Delta County
- The City of Delta is an Opportunity Zone Providing Incentive For New Developments and Economic Growth
- Nearby National Retailers Include: Walmart Supercenter, Taco Bell, Safeway, Ziggi’s Coffee, Anytime Fitness, Domino’s Pizza, AutoZone, Advance Auto Parts, Papa Murphy’s, Tractor Supply, Fedex, Alpine Bank, UPS Store and More
In Cooperation With Sands Investment Group Lic. #1000070604 BOR: Max Freedman Lic. CO #100070604
Sonic
45 Stafford Lane, Delta, CO, 81416, USA
SONIC
Sonic, America’s Drive-In, is the nation’s largest chain of drive-in restaurants. Founded in 1953 in Oklahoma City, Oklahoma, Sonic has delighted guests with signature menu items, more than 1.3 million drink combinations, and friendly service by iconic carhops. Sonic is part of the Inspire Brands family of restaurants and Inspire Brands is the subsidiary company of Roark Capital Group. As the largest national chain of drive-in restaurants the iconic Sonic style is hard to duplicate, but Sonic’s distinct brand differentiation goes far beyond the drive-in format. Sonic’s one-of-a-kind menu offers a variety of options unavailable from other brands, including real ice cream desserts, TOASTER® sandwiches, molten cake sundaes, breakfast all day, tasty tots, and premium hot dogs. Sonic is now among the top five burger or sandwich advertisers in most major markets with memorable and recognizable advertising starring Sonic’s beloved “Two Guys.” Sonic is the nation’s largest and most beloved drive-in chain, serving hot, fresh and made-to-order food for more than 60 years. The company is rapidly expanding and has available territory and ideal locations in all 50 states. Sonic is more than an iconic brand; they are a solid franchise investment focused on the future and backed by visionary leadership, robust national advertising power and operational excellence. Sonic’s diverse menu gives the chain the ability to produce strong results at all times of the day, avoiding the common drop-offs most QSR restaurants encounter in the afternoon or evenings.
Similar Listings
Price
SOLD
Cap Rate
6.25%
PREMISES
1,526 SF
RENEWAL OPTIONS
4 x 5 Year Options
Lease Expiration
20 Years From Close of Escrow
Lease Type
NNN
RENTAL INCREASES
10% Every 5 Years
BROKERS
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To receive access to this OM, please review and sign our confidentiality agreement:
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
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