5647 Rufe Snow DrNorth Richland Hills, TX 76180

This exceptional investment opportunity presents a freestanding Sonic Drive-In restaurant in North Richland Hills, Texas, within the DFW Metroplex. The 1,650 square foot building, constructed in 2001 and situated on a 0.69-acre lot, boasts a prime location on Rufe Snow Drive, a major north-south thoroughfare. Benefitting from high traffic volume and proximity to numerous retail anchors including Walmart, Sam's Club, Home Depot, and more, this property offers significant visibility and strong consumer traffic. The property is currently operating under a 15-year absolute NNN lease with a franchisee tenant, commencing October 1, 2016, and expiring September 30, 2031, leaving approximately 6.9 years remaining. The lease includes 4-5 year renewal options, providing long-term stability and predictable cash flow. With a current NOI of $143,000 and a 5.75% cap rate, this investment offers a compelling return on investment. The property's zoning is commercial, and the building features a prototypical Sonic design with covered drive-up parking and a drive-thru. This is a turnkey investment with no landlord responsibilities, presenting a rare opportunity to acquire a well-established, high-performing QSR property in a thriving market. The asking price is $2,487,000, translating to $1,507.27 per square foot.