1140-1148 S Bryant Ave - Restaurant FOR SALE


Edmond, OK 73034
$3,305,600 USD
917-741-1525
1140-1148 S Bryant Ave, Edmond, OK for Sale
$3,305,600 USD
Restaurant - FOR SALE
1/6
null | 6.25% Cap Rate

1140-1148 S Bryant Ave
Edmond, OK 73034


HIGHLIGHTS

  • Passive Ownership: Lot 3 manages and bills tenants directly for CAM
  • High-Income Demographics: Average household income of $142,597 driving strong consumer spending
  • Stable, Diversified Tenant Mix: Tenants provide a diversified income stream and strong tenant mix
  • Flexible Investment Options: Purchase Lots 1 & Lot 2 together (6.75% Cap) or individually at a 6.25% and a 6.5% cap
  • Prime Signalized Intersection in Edmond's Upscale Market: Oklahoma's most affluent city
  • New 10-Years Leases and all Properties have Drive-Throughs

OVERVIEW

HMX Realty Advisors presents for sale Lots 1 and 2 at the newly constructed Spring Creek Village in affluent Edmond, Oklahoma, part of the thriving Oklahoma City MSA. Edmond is the wealthiest city in Oklahoma with a population over 5,000, boasting an average household income of $142,597 (2023) and a total population of 98,103. This is a passive ownership opportunity as all of the maintenance and CAM billing is handled by the owner of Lot 3. Lot 1 features a combined Donato's Pizza and Mo' Bettahs. Donato's, with over 175 locations, is renowned for its thin-crust pizza and generous toppings, also featured in over 200 Red Robin Restaurants. This location ranks in the top 9% of all Donato's locations nationwide based on Placer AI visit data. Mo' Bettahs, a Hawaiian-style restaurant chain, serves authentic island cuisine known for its generous portions and reasonable prices. Their menu includes popular dishes like chicken, steak, pork, and shrimp plates with rice and macaroni salad. According to Placer AI visit data, this location outperforms 85% of similar restaurants within a 50-mile radius and 88% of all restaurants in Oklahoma. Lot 2 with SWIG and Tropical Smoothie Cafe is adjacent and also for sale. It is priced at a 6.5 cap for $1,741,500. If an investor acquires both lots the cap rate changes to a 6.75 and a price of 4,737,800. See attached flyer. All of these restaurants are about 1 year old and the visit data from Placer AI puts them as top performers. Lot 1 is the most valuable because it is adjacent to the signalized intersection, thus the 6.25 cap. All of the restaurants have drive-throughs

FOR SALE DETAILS

PRICE

$3,305,600 USD

PRICE/SF

$624 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Donatos Pizza and Mo' Bettah Lot 1 of 2

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

51,009 SF

ZONING

-

APN/PARCEL ID

209801005

ASK ABOUT THIS PROPERTY

Robert JamesHMX Realty AdvisorsMore Info
917-741-1525

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Robert JamesHMX Realty AdvisorsMore Info
917-741-1525

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