Alaska Sonic Drive-In

420 Merhar Avenue, Fairbanks, AK 99701

  • For Sale $2,273,440
  • Property Type Retail - Freestanding
  • Property Size 3,530 SF
  • Units 1
  • Lot Size 0.92 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2006
  • Year Renovated 2020
  • Date Updated Sep 23, 2024
TBDTrinity Real Estate Investment Services is pleased to present the opportunity to acquire an absolute NNN Sonic in Fairbanks, AK. There are 7+ years remaining on the current term with 1.50% rental increases occurring annually. Broker of Record: Brian Brockman | Bang Realty-Pacific Inc. | AK #164417 | 40 W 4th Avenue, STE 104 Anchorage, AK 99501

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Attachments

Highlights

  • Absolute NNN Lease Fairbanks, Alaska Sonic Drive-In
  • 5+ Years Remaining on Current Term of Lease
  • Attractive 1.5% Annual Rental Increases Throughout Term of the Lease
  • Site Significantly Outperforming Average Unit Level Sales Volume for Sonic - Contact Agents for More Details
  • Larger Footprint - 3,530 SF Which is Traditional Size for QSR Restaurants
  • Almost 1 Acre Parcel Along Fairbank's Major Retail Corridor - Walmart, Lowe's, Home Depot, PETCO
  • Great Visibility Along Johansen Expy (Almost 20K VPD)
  • Sonic Successfully Opened its First Site in Alaska in 2019 and has Since Expanded to Four Additional Locations Across the State

Contacts

broker

Cody Crist

Trinity Real Estate Investment Services

Location

Getting Around

  • Walk Score ®

    44/100 Car-Dependent

  • Transit Score ®

    27/100 Some Transit

  • Bike Score ®

    84/100 Very Bikeable
Powered by Walk Score ®
  • City Fairbanks, AK
  • Zip Code 99701

Points of Interest

  • Fourth Coast Tours and Taxi

    5.69 miles

  • Taxi Hot Spot

    5.74 miles

  • Holiday

    0.43 miles

  • Costco Gasoline

    0.44 miles

  • Fred Meyer Gas

    0.46 miles

  • Tesoro

    0.54 miles

  • Safeway Fuel Station

    0.56 miles

  • FLO

    0.69 miles

  • Chevron

    0.85 miles

  • Sourdough Fuel

    1.06 miles

  • AAFES Express

    1.93 miles

  • UAF CTC Parking

    1.39 miles

  • Red Gate Parking

    1.93 miles

  • Commissary Exchange

    3.00 miles

  • Physical Plant, East

    3.39 miles

  • Physical Plant, North

    3.40 miles

  • Taku

    3.43 miles

  • Cooperative Extension Service

    3.44 miles

  • Physical Plant, West

    3.44 miles

  • University Park

    3.45 miles

  • Ballaine

    3.46 miles

  • Sonic

    0.00 miles

  • Irashai

    0.09 miles

  • McDonald's

    0.10 miles

  • Good Titrations

    0.16 miles

  • The Hungry Robot

    0.45 miles

  • KFC

    0.46 miles

  • Gallo's Mexican Restaurant

    0.48 miles

  • Food Factory

    0.49 miles

  • Bruegger's Bagels

    0.50 miles

  • Papa John's

    0.51 miles

  • Walmart Supercenter

    0.32 miles

  • Fred Meyer

    0.36 miles

  • Bentley Mall

    0.46 miles

  • Safeway

    0.47 miles

  • Co-op Downtown Plaza

    1.22 miles

  • Co-op Market

    1.52 miles

  • Co-Op Market Grocery & Deli

    1.52 miles

  • Exchange

    2.95 miles

  • Commissary

    2.99 miles

  • Washington Plaza

    3.41 miles

Frequently Asked Questions

How much does Alaska Sonic Drive-In cost?

The space currently listed for sale at Alaska Sonic Drive-In asks for $2,273,440.

What is the total square footage of Alaska Sonic Drive-In?

Alaska Sonic Drive-In totals 3,530 square feet.

When was this property built?

Alaska Sonic Drive-In was built in 2006.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Cody Crist

Trinity Real Estate Investment Services