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601 N Central Ave
Avondale, AZ 85323 Coldwater

$1,500,000 USD

Fast Food For Sale  •  1,264 SF

Property Details

• Property Type Fast Food
• Total Building Size 1,264 SF
• Lot Size 0.49 AC
• Building Class C
• Year Built 1997
• Cap Rate 6.14 %
• Tenancy Single
• Zoning C-2

0 Transit Score

67 Walk Score

Highlights

Absolute Triple Net (NNN) Lease: The property has an absolute NNN lease, eliminating all landlord responsibilities, including taxes, insurance, and ma

Established Franchise Operator: The tenant, SW Karma, LLC, is a proven Sonic Drive-In franchisee operating 28+ locations across the region. The Merrit

Strong Operating History: The site has functioned continuously as a Sonic Drive-In for 48+ years, underscoring the location’s long-term viability and

Robust Demographic Growth: The surrounding area has a population of ±209,886 within a ±5-mile radius. The ±3-mile radius has experienced a historical

Strategic Location Near Phoenix: Positioned in the Phoenix metropolitan area, the property leverages access to one of the fastest-growing major market

Property Flyers

Sonic - Avondale, AZ - OM

Cap Rate:

6.14 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Sonic Drive-In

Public Transportation

Airport	Drive	Walk	Distance
Phoenix Sky Harbor International	32 min	-	23.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	30
Type:	Surface
Included in Rent:	Yes