1501 Country Club Blvd - Fast Food FOR SALE


Ada, OK 74820
$4,320,000 USD
310-362-4303
1501 Country Club Blvd, Ada, OK for Sale
$4,320,000 USD
Fast Food - FOR SALE
1/4
null | 6.25% Cap Rate

1501 Country Club Blvd
Ada, OK 74820


HIGHLIGHTS

  • Prime location: Less than a mile from major national retailers including Walmart Supercenter (directly behind), ALDI, McDonald's, Hobby Lobby, etc.
  • Convenient proximity: Across from Ada Gaming Center (360 gaming machines), 1.2 miles from East Central University (3,500 students).
  • Close to hotels: Within 2 miles of key accommodations: Hampton Inn & Suites (76 rooms), Holiday Inn Express & Suites (84 rooms), etc.
  • Large national footprint: Whataburger has over 900 locations in 14 states, making it a well-known brand in the fast-food market.
  • Vibe Restaurants operates 130+ quick-service locations across multiple states, partnering with leading brands like Whataburger, Little Caesars, etc.

OVERVIEW

Brand new Whataburger in Ada, OK, featuring a 20-year lease with built-in 10% rent increases every 5 years, providing steady revenue growth over time. The lease also includes four 5-year renewal options, offering flexibility and long-term investment potential. The property is currently under construction, with completion slated for November 2024, making it a brand-new facility in a growing location. This is a prime opportunity to secure a high-quality tenant with a solid lease structure in place for years to come.

FOR SALE DETAILS

PRICE

$4,320,000 USD

PRICE/SF

$1,507 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Whataburger - Ada, OK

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

-

APN/PARCEL ID

0525-27-004-006-0-056-00

ASK ABOUT THIS PROPERTY

Matt KramerCentury Partners Real Estate Inc.More Info
310-362-4303

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Matt KramerCentury Partners Real Estate Inc.More Info
310-362-4303

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