Drive-in chain Sonic has closed 11 Florida restaurants, among them locations in Hillsborough, Pinellas, Sarasota, Manatee, Hernando, Polk, Citrus and Levy counties.
Read more: Sonic shutters 11 Florida restaurants | Tampa Bay Business Journal
Comments: This is another reminder of the need to conduct proper due diligence when purchasing single tenant, net lease properties as an investment. Sonic’s design and locations frequently make the sites difficult to redevelop for some other use.
