Vidalia, GA - Sonic
$1,966,000
1803 E Lyons Hwy, Vidalia, GA 30474
5.85
Cap Rate
115,000
NOI
Details:
Description:
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, drive-thru retail investment property operated by an experienced QSR franchisee. The lease is guaranteed by SOAR QSR, a 200+ unit operator and the third largest Sonic franchisee. At close of escrow, the tenant will execute a new 20-year lease with four (4) 5-year renewal options, demonstrating long-term commitment to the site. This is the only Sonic in Toombs County and within a 25-mile radius. The lease features 10% rental increases every five years and at the start of each option period, supporting NOI growth and providing a built-in hedge against inflation. The lease is structured as absolute NNN with zero landlord responsibilities. The tenant is responsible for CAM, taxes, insurance, and all maintenance, making this an ideal, management-free investment opportunity for a passive investor.
The subject property is strategically positioned in a high-traffic retail corridor, surrounded by national brands including Walmart Supercenter, Lowe’s, Food Lion, Starbucks, Save-A-Lot, and more. It is just two minutes from Brice Square, a 313,000+ SF Big Lots–anchored shopping center that attracts approximately 2.2 million annual visits, driving consistent consumer traffic and reinforcing the area’s retail strength. Additionally, the site is located just minutes from Memorial Health Meadows Hospital, a regional acute-care facility with approximately 57 licensed beds that serves as a critical healthcare hub for Southeast Georgia. The 5-mile trade area is supported by more than 19,500 residents and 11,400 employees, with an average household income of $74,012, demonstrating strong local demographics that support sustained retail demand.
Location
Gallery