Blairsville, GA - Sonic

Description:

• Brand new 20-year lease with 4 (5-year) options, demonstrating their long-term commitment to the site
• The lease features 10% rental increases every five years throughout the initial term and at the beginning of each option, growing NOI and hedging against inflation
• Sonic, founded in 1953, is the largest drive-in restaurant brand in the United States with more than 3,524 restaurants in 47 states.

• The site is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Aldi, Home Depot, Autozone, O’Reilly Auto Parts, Tractor Supply Co and many more
• The site is in close proximity to Union County High School (860 students) and Union County Middle School (727 students), further increasing consumer traffic to the site
• Furthermore, the asset is near Union General Hospital (45 beds), which serves not only Blairsville but also Union County