6115 Old Highway 135 N - Fast Food FOR SALE


Kilgore, TX 75662
$870,000 USD
715-505-1200
6115 Old Highway 135 N, Kilgore, TX for Sale
$870,000 USD
Fast Food - FOR SALE
1/13
null | 7.01% Cap Rate

6115 Old Highway 135 N
Kilgore, TX 75662


HIGHLIGHTS

  • One of the most recognized quick-service restaurant brands in the USA
  • Long-Term Lease With Scheduled Rent Growth
  • Minimal Landlord Responsibility
  • Sonic benefits from the scale and resources of Inspire Brands
  • Operators invested in performance and customer service

OVERVIEW

The offering presents an opportunity to acquire a purpose-built Sonic Drive-In operating in the Kilgore / Liberty City market of East Texas. The property benefits from an established drive-in configuration, visible highway-oriented positioning, and a site layout designed specifically for Sonic’s carhop, drive-in, and quick-service operating model. The attached lease materials identify the property as a Sonic Drive-In restaurant use and reflect a long-term lease structure with contractual rent growth, supporting predictable income for investors. The lease provides a 15-year primary term running through January 2033, with two additional five-year renewal options and 7% rent increases every five years. The tenant is responsible for broad property-level obligations, including operating costs, taxes, insurance, utilities, repairs, and maintenance, while the landlord has no maintenance obligation during the lease term. This structure creates a low-management net-lease investment backed by an operating Sonic franchisee and a personal guaranty from Randy Morse. The asset benefits from Kilgore’s role as an East Texas employment and education hub. Major local anchors include Kilgore College, Kilgore ISD, Region 7 Education Service Center, East Texas Council of Governments, and multiple manufacturing and service-sector employers. Combined with Sonic’s national brand recognition, $5.24 billion in 2025 U.S. systemwide sales, and approximately 3,412 total units, the investment offers a balance of national brand tenancy, established site functionality, and durable local demand.

FOR SALE DETAILS

PRICE

$870,000 USD

PRICE/SF

$460 USD /SF

CAP RATE

7.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sonic Drive-In Kilgore TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

-

APN/PARCEL ID

11735

ASK ABOUT THIS PROPERTY

Jeff BurgfechtelMMG - Natl. Net Lease TeamMore Info
715-505-1200

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Jeff BurgfechtelMMG - Natl. Net Lease TeamMore Info
715-505-1200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.