Sonic Drive-In

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05/08/2026 By B+E

Sonic Drive-In

sonicdrivein.com | Inspire Brands

30
Number on Market

$1.9M
Average Price

13
Average Remaining Term (Years)

6.55%
Average Cap Rate

Sonic Drive-In Tenant Overview

Sonic Drive-In, founded in 1953, is headquartered in Oklahoma City, Oklahoma. The company operates over 3,549 stores across 45 states. 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.

Tenant Data:

Company	Sonic Drive-In
Parent Company	Inspire Brands LLC
Ownership	Private
Headquarters	Oklahoma City, Oklahoma
Credit Rating	BB (S&P)
Locations (North America)	± 3,549
Regions	Nationwide
Website	sonicdrivein.com

Average Sonic Drive-In Info
Number on Market	30
Average Price	$1,961,508
Average Remaining Term	13 Years
Average Cap Rate	6.55%
Average NOI	$127,217
Average PPSF	$1,311
Average Building SF	1,542 SF
Average Lot Size	0.87 AC
AS OF 05/05/26