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SONIC BUSINESS SALE PORTFOLIO

3 Retail Properties Offered at $2,373,388 in Multiple Locations

Investment Highlights

  • This profitable multi-unit operation is fully staffed and ready for a new owner to take it to the next level.
  • BUSINESS-CENTRIC REAL ESTATE – These locations are all strategically located across greater Albany, allowing for ease of supply chain and visitation.
  • IMMEDIATE REVENUES – Typical startup costs according to sonicfranchising.com is typically $1,714,500-$3,370,900 (not including real estate)
  • The Latham store opened in 2015, Troy in 2017, and Albany in 2020 – showcasing steady historic growth, this business has plenty of room for continued
  • They all feature outstanding traffic counts, abundant parking, dense surrounding and synergistic retail, strong visibility, and ease of access – see e
  • RAND RECOGNITION – Sonic’s unique drive-in format and innovative menu have endowed them with incredible brand recognition. These sites all have 5 or m

Executive Summary

Broker of Record
Cory Rosenthal
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Price $2,373,388
Price / SF $28.11 / SF
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 84,443 SF
Total Land Area 16.71 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
701 Troy Schenectady Rd, Latham, NY 12110 Retail 3,666 SF - -
120 Hoosick St, Troy, NY 12180 Retail 78,683 SF 1950 -
Popeyes - 351 Southern Blvd, Albany, NY 12209 Retail 2,094 SF 2000 -
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  • Listing ID: 33760497

  • Date on Market: 11/5/2024

  • Last Updated:

  • Address: SONIC BUSINESS SALE PORTFOLIO, Latham, NY

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