The property, which was built in 2002, is a Sonic Drive-In restaurant situated on .9 acres. The tenant reimburses for all expenses including CAM, taxes, insurance, as well as roof and structure making it an absolute net lease. The restaurant was newly renovated in 2017 and has been increasing its sales consistently since opening.
Padre Island is a popular vacation spot for Texans just outside Corpus Christi, Texas which attracts over one million people per year to the beaches, water park, fishing spots, and numerous restaurants.