- Brand new 20-year lease with 4 (5-year) options, demonstrating their long-term commitment to the site
- The lease features 10% rental increases every five years throughout the initial term and at the beginning of each option, growing NOI and hedging against inflation
- Sonic, founded in 1953, is the largest drive-in restaurant brand in the United States with more than 3,524 restaurants in 47 states.









