LOCATION:
Located in the Vibrant City of Arlington, known for its Rich Sports Culture and Diverse Entertainment Options | Projected to Experience Robust Population Growth
Nearby Retailers Include: Tom Thumb, Bank of America, ALDI, Petco, Planet Fitness, CVS Pharmacy, Dutch Bros Coffee, and Many More National Tenants
Surrounded by Several Schools Including the Renowned University of Texas at Arlington (2022 Total Enrollment: 40,990)
LEASE:
±17 Years Remaining on Triple Net (NNN) Lease with Zero Landlord Responsibilities
Tenant is Required to Remodel the Site Before January 2025
Attractive Rental Increases | 1.50% Annual Rental Increases Starting 11/2026
Four (4), Five (5)-Year Tenant Renewal Option Periods
Ideal for Out-of-State Investors - Tenant is Responsible for All Maintenance, Taxes, Insurance, Roof, and Structure
TENANT:
Merritt Restaurant Group is the Second Largest Sonic Operator in the System Operating About 185 Locations Across Multiple States Including New Mexico, Nevada, Texas, Colorado, and Arizona
The Late Founder of Merritt Restaurant Group Was Recognized as One of the Best Sonic Operators Since Entering the System in 1975
Sonic, Founded in 1953, Currently Has Nearly 3,600 Locations Across America
Inspire Brands, the Parent Company of Sonic, Also Owns Dunkin’, Arby’s, Buffalo Wild Wings, Jimmy John’s, Baskin-Robbins, and Additional Brands Across the World