63076 N Highway 97 | Bend, OR 97701
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- LoopNet Team
63076 N Highway 97
Bend, OR 97701
Sonic · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN lease, with zero landlord responsibilities.
- 11 years of term remaining with a 12% increase in 2029 increasing the yield to 5.91%.
- Two personal guarantees are in place.
- High volume sales location with experienced Sonic Drive-In operator. The tenant operates 14 Sonics with over 45 years of experience.
- Sonic Drive-In has occupied the property since its construction in 2008.
- The site has high visibility and exposure along The Dalles-California Highway, with average traffic counts of 19,100 vehicles per day.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,700 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.74 AC
Zoning
CH - Commercial
Parking
13 Spaces (7.65 Spaces per 1,000 SF Leased)
Frontage
100 FT on North Highway 97
AMENITIES
- Corner Lot
PROPERTY TAXES
| Parcel Number | 118153 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $833,110 |
PROPERTY TAXES
Parcel Number
118153
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$833,110
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