Sonic

Highlights:

• Long-Term NNN Lease Structure – Sonic is on a 15-year NNN lease with approximately 3.5 years remaining and scheduled 2% annual rent increases.
• Strong Traffic Counts & Visibility – Positioned along County Road 42, one of Savage’s primary commercial corridors, the property benefits from excellent visibility and exposure with approximately 37,500 vehicles per day.
• Affluent & Growing Demographics – Located within a strong suburban market with a 5-mile population of 149,030 and an average household income of $143,207, supporting long-term retail demand.
• Prime Retail Location – Strategically located near Burnsville Center, the property benefits from convenient accessibility and proximity to major national retailers, restaurants, and essential services.
• Established Retail Corridor – Surrounded by national retailers including Target, Hy-Vee, Cub Foods, Taco John’s, Starbucks, and Life Time Fitness, creating consistent retail traffic throughout the day.
• Recognized National Restaurant Brand – Sonic Drive-In is a leading quick-service restaurant brand known for its iconic drive-in format and made-to-order menu featuring hamburgers, hot dogs, chicken sandwiches, tater tots, breakfast items, and its famous selection of customizable drinks and milkshakes.
• Experienced Franchise Operator – The tenant on the lease is Tower Capital, LLC with a personal guaranty by Ehab Monsour. Ehab Monsour operates four Sonic Drive-In locations throughout Minnesota, including properties in Bloomington, Elk River, Columbia Heights, and Savage.
• Twin Cities Submarket – Savage, MN is located approximately 15 miles southwest of Minneapolis and is a thriving suburban community offering strong residential growth, convenient access to major highways, diverse retail amenities, and a growing mix of business and recreational opportunities.

Description:

Located at 4233 CR-42 Savage, MN, Sonic benefits from an excellent position within the Savage/Burnsville trade area, one of the Twin Cities' most established and affluent south metro commercial corridors. The area offers exceptional accessibility with immediate connections to Interstate 35W, Highway 13, and Highway 169, providing convenient access to downtown Minneapolis, St. Paul, and the broader metropolitan area.

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