1051 Westside Dr - Fast Food FOR SALE


Durant, OK 74701
$1,926,000 USD
402-730-6021
1051 Westside Dr, Durant, OK for Sale
$1,926,000 USD
Fast Food - FOR SALE
1/9
null | 6.75% Cap Rate

1051 Westside Dr
Durant, OK 74701


HIGHLIGHTS

  • 19 Years Remaining on initial 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
  • Ram-Z Custard, LLC owns & operates 67 locations, which include 33 Freddy’s restaurants, making it the 7th largest Freddy’s franchisee in the U.S.
  • Situated on a ±1.0-Acre Lot with Excellent Visibility/Access on Westside Dr (Traffic counts: 5,928)
  • Traffic Counts Exceed 30,500 CPD!
  • Total Population: 26,424 | Average Household Income: $83,595

OVERVIEW

(Building & Land) Fee Simple

FOR SALE DETAILS

PRICE

$1,926,000 USD

PRICE/SF

$617 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FREDDY'S FROZEN CUSTARD - DURANT, OK

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Bank, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C

APN/PARCEL ID

A098-00-000-00C-0-000-00

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
402-730-6021

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
402-730-6021

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.