sonicdrivein.com | Inspire Brands
Number on Market
Average Remaining Term (Years)
Average Cap Rate
Sonic Drive-In Tenant Overview
Sonic Drive-In, founded in 1953, is headquartered in Oklahoma City, Oklahoma. The company operates over 3,600 stores across 45 states and is a subsidiary of Sonic Corp. Sonic is the largest chain of drive-in restaurants. Sonic is a subsidiary of Inspire Brands, one of the largest food and beverage companies in the world.
Sonic Drive-In is known for its unique drive-in concept and menu offerings, including its signature slushes and hot dogs. The company has a strong customer base and is considered an excellent investment for its consistent financial performance and high-quality real estate portfolio.
In the 2021 fiscal year, Sonic Drive-In’s parent company generated approximately $30 billion in sales. This performance, along with the company’s strong brand loyalty, has earned it a credit rating of B+ from Standard & Poor’s. Sonic Drive-In’s unique concept and focus on providing high-quality food make it a valuable tenant for any retail property.
|Headquarters||Oklahoma City, Oklahoma|
|Credit Rating||S&P: B+|
|Locations (North America)||+/- 3,600|
|Average Sonic Drive-In Info|
|Number on Market||52|
|Average Remaining Term||15.69 Years|
|Average Cap Rate||4.96%|
|Average Building SF||2,198 SF|
|Average Lot Size||0.76 AC|
|AS OF 12/08/22|