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1361 S Highway 27
Somerset, KY 42501

Sonic - High Performing Store · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Absolute-Net (Zero Landlord Responsibilities): New 20 Year Lease with Attractive 1.5% Rental Increases Annually to Hedge Against Inflation.
  • High Performing Store: Existing above National Average Store Sales with Continued Upside Through New Operator Ownership.
  • Strong Existing Operating Entity: SOAR Restaurants II, LLC Operates 95 Units and Will Continue to Grow Over Time.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
1,518 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.61 AC

PROPERTY TAXES

  • Listing ID: 25994490

  • Date on Market: 6/22/2022

  • Last Updated:

  • Address: 1361 S Highway 27, Somerset, KY 42501