1051 Westside Dr - Fast Food FOR SALE
Durant, OK 74701 |
$1,926,000 USD
602-770-7145
1051 Westside Dr
Durant, OK 74701
HIGHLIGHTS
- LONG -TERM LEASE - 19 Years Remaining on initial 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- OPERATOR | TENANT - Ram-Z Custard, LLC owns & operates 67 locations, which include 33 Freddy’s restaurants
- HIGH TRAFFIC COUNTS/VISIBILITY - Situated on a ±1.0-acre lot with excellent visibility/access on Westside Dr
- traffic counts of 30,500 CPD!
- 2023 VERY AFFLUENT DEMOGRAPHICS: Total Population: 26,424 | Average Household Income: $83,595
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 (BELOW REPLACEMENT COST)- 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
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602-770-7145
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602-770-7145
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