Sonic | New 20-Yr NNN | 6.25% CAP | Soar QSR (±190… — Sale in Anniston, AL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Anniston, AL 36207

Photos

Sonic | New 20-Yr NNN | 6.25% CAP | Soar QSR (±190… — Sale in Anniston, AL, photo 1 of 3
Sonic | New 20-Yr NNN | 6.25% CAP | Soar QSR (±190… — Sale in Anniston, AL, photo 2 of 3
Sonic | New 20-Yr NNN | 6.25% CAP | Soar QSR (±190… — Sale in Anniston, AL, photo 3 of 3

Investment Figures

Cap rate
6.25%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Sonic Drive-In at 1529 Greenbrier Dear Road in Anniston, Alabama, within the Anniston-Oxford MSA strategically positioned along the Interstate 20 corridor between Birmingham and Atlanta. The ±1,394-square-foot drive-in, built in 1999, sits on ±0.94 acres and is secured by a brand-new 20-year NNN lease commenced January 2026, with zero landlord responsibilities and four (4) five-year renewal options. Annual base rent of $93,000 at a 6.25% cap rate includes scheduled 2% annual rent increases compounding throughout the full lease term. The property is operated by Soar QSR, one of the nation's largest and fastest-growing Sonic Drive-In franchisees, operating approximately 190 locations across more than 20 states as a subsidiary of CMG Companies, providing institutional-scale operational backing for this proven, longstanding location. The property fronts Greenbrier Dear Road (±11,246 VPD) at its intersection with Coleman Road (±7,104 VPD), with Interstate 20 (±46,503 VPD) immediately adjacent, and with Oxford Exchange, Oxford Commons, and Quintard Mall all within direct view of the site. The 3-mile trade area holds 22,540 residents with an average household income of $89,078, supported by major employers including the Anniston Army Depot, Northeast Alabama Regional Medical Center, Honda Manufacturing of Alabama, Jacksonville State University, and BAE Systems. The immediate corridor is actively growing, with $16+ million in committed manufacturing investments in the Greenbrier Industrial Park approved in 2026, a 38-acre Summerall retail development featuring ALDI and Starbucks underway nearby, and the City of Anniston assuming unified control of the 4,609-acre former Fort McClellan for long-term mixed-use redevelopment. The Anniston-Oxford MSA counts 117,132 residents at $81,814 average household income, ranked a Top 10 Best Place to Live in Alabama by U.S. News and World Report in 2025. I

Market Context

This food service in Anniston, AL is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Anniston, AL — view the full market.

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