Market & Tenant Information

Market Area

The subject property is a 1,582-square foot Sonic Drive-in Restaurant located on a 37,509-square foot lot. The property is situated on the hard corner of R Street and 18th Street with driveways on each street allowing easy access. This area boasts daily traffic counts of approximately 32,000 vehicles per day.

Tenant Information

The subject property will be leased to Keystone Restaurant Group, LLC under a new 20 year NNN lease scheduled to commence at the close of escrow. The lease will include 7.5 percent rent increases every five years and four five-year options to renew. Keystone Restaurant Group, LLC is a successful, well-established Sonic franchisee that currently operates eleven locations in the Central California and Southern California areas.