For Sale
$250,000

4851 Prosperity Pl Decatur, IL 62521

Profitable Sonic, Assumable Debt Available

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a thriving Sonic Drive-In restaurant for sale in Decatur, Illinois. Boasting 2,339 square feet of net rentable space, this 100% occupied, single-tenant property is priced at $250,000. The property, built in 2016, operates under a NNN lease, minimizing landlord responsibilities. Located in a high-traffic Walmart-anchored shopping center, this Sonic benefits from significant daily foot traffic generated by neighboring businesses including Subway, Culver's, Taco Bell, Arby's, Walgreens, and Dollar Tree. The property enjoys excellent visibility thanks to elevated signage and ample parking. Its strategic location, approximately 0.2 miles from US Hwy 36 (experiencing over 17,500 vehicles per day), ensures high exposure. Strong demographics support this location, with over 94,269 residents and an average household income exceeding $106,790 within a 10-mile radius. Further enhancing its appeal, this Sonic is the only dine-in location in the entire state of Illinois, benefiting from proximity to Decatur Airport (approximately 4 minutes) and Scovill Zoo (approximately 7 minutes), attracting over 100,000 visitors annually. This turnkey operation presents a rare chance to acquire a successful, established business with significant growth potential and the added benefit of assumable debt. The property's strong location, high visibility, and robust demographics make it an ideal investment for discerning buyers.

Highlights

  • 2,339 SF Sonic Drive-In for sale; $250,000 asking price.
  • Walmart-anchored shopping center location with strong co-tenancy including Subway, Culver's, Taco Bell, Arby's, Walgreens, and Dollar Tree.
  • Excellent visibility and ample parking; 0.2 miles from US Hwy 36 (17,500+ VPD).
  • Strong demographics: 94,269+ residents within a 10-mile radius, average household income exceeding $106,790.
  • Unique offering: Only dine-in Sonic in Illinois, near Decatur Airport and Scovill Zoo (100,000+ annual visitors).

Property Details for 4851 Prosperity Pl

Property type
Retail properties
Square Feet
2,399 SF
Year Built
2016

Location Insight

City
Decatur
County
Macon
State
Illinois
Latitude
39.8183114
Longitude
-88.8799905
4851 Prosperity Pl, Decatur, Illinois

FAQs

What type of property is this?
Retail property - Profitable Sonic, Assumable Debt Available
Where is the retail property located?
The property is located at 4851 Prosperity Pl Decatur, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2,339 SF Sonic Drive-In for sale; $250,000 asking price.; Walmart-anchored shopping center location with strong co-tenancy including Subway, Culver's, Taco Bell, Arby's, Walgreens, and Dollar Tree.; Excellent visibility and ample parking; 0.2 miles from US Hwy 36 (17,500+ VPD).
How can I contact the broker?
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4851 Prosperity Pl
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