925 State Highway 78 | Lavon, TX 75166
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- LoopNet Team
925 State Highway 78
Lavon, TX 75166
Sonic Drive-In · Retail Property For Sale
Investment Highlights
- Absolute NNN Lease Featuring No Landlord Responsibilities and 1.5% Rental Increases Annually
- Just over Seven (7) Years of Lease Term Remaining and No Renewal Options
- Average Household Income of over $119k within a 3-Mile Radius of the Subject Property
- Mason-Harrison-Ratliff, the Brand's Largest Franchisee (300+ Units), has Nearly 20 Years of Operating History at this Location
- 1.00 Acre Site Fronts State Highway 78 (29,405 VPD) along the South Shore of Lavon Lake, Which Sees an Estimated 1.6 Million Visitors a Year
- Located at the Signalized Intersection of State Highway 78 & State Highway 205
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,564 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.00 AC
Parking
34 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
152 FT on State Highway 78
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