Sonic Portfolio | NC & VA Locations

1110 E Atlantic St., South Hill, VA 23950

Property Information

  • For Sale $9,067,320
  • Property Type Retail - Street Retail
  • Property Size 8,796 SF
  • Property Tenancy Single Tenant
  • Date Updated Oct 15, 2026

Description

n/aAbsolute NNN Leases - The portfolio benefits from five individual NNN leases with uniform terms. Strong Remaining Term - The portfolio is secured by 15+ years of remaining lease term, providing stable, predictable income over the long term. Annual Rent Growth - Properties feature 1.75% annual contractual rent increases, providing built-in income growth throughout the lease term. Proximity to National Retailers - Several locations are positioned near major national retailers, including Walmart, Lowe’s, Food Lion, TJ Maxx, and Best Buy, which help drive consistent traffic and visibility. High-Visibility Locations - The properties are located along highly visible highway corridors that complement Sonic’s drive-thru operating model. Geographic Diversification - The five-property portfolio spans North Carolina and Virginia, providing exposure across multiple trade areas and reducing reliance on any single local economy. Available Individually or as a Portfolio - All five Sonic locations are available for individual acquisition or as a complete portfolio.

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