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Updated over 5 years ago,
Anyone ever invested in Sonic Drive in NNN property?
I found a sonic drive in with an 8% cap rate thats NNN. Its only a real estate purchase. The business is owned and operated by the renter.
Does anyone here have experience with these investments? Pros/cons? Is it something to consider even though its single tenant? I have no idea how stable a typical sonic franchise is.
Thanks