2212 S 4th St - Fast Food FOR SALE


Chickasha, OK 73018
$1,923,000 USD
248-702-0288
2212 S 4th St, Chickasha, OK for Sale
$1,923,000 USD
Fast Food - FOR SALE
1/3
null | 6.5% Cap Rate

2212 S 4th St
Chickasha, OK 73018


HIGHLIGHTS

  • Long-Term Triple Net (NNN) Lease With Zero Landlord Responsibilities and Over 16 Years Remaining in Term
  • Lease Supports Four, Five (5) Year Renewal Option Periods
  • Excellent Visibility with Frontage and Signage Along 4th Street/Highway 81 | Situated Just Off Interstate-44 Exit Ramp
  • High Traffic Counts - Highway 81 Has Over 17,000 Vehicles Per Day and Interstate-44 Which Has Over 20,000 Vehicles Per Day
  • Burger King (NYSE: BKC) Has Over 19,000 Locations in More Than 100 Countries | Subsidiary of Restaurant Brands International (NYSE: QSR)
  • Switchgrass Holdings, LLC (Parent) is the Largest Franchisee in Oklahoma with 49-Units

OVERVIEW

Long-Term Triple Net (NNN) Lease With Zero Landlord Responsibilities and Over 16 Years Remaining in Term Lease Supports Four, Five (5) Year Renewal Option Periods Rental Increases of 1.5% Annually Beginning in Year 6 Offer a Hedge Against Inflation and Automatic Increase in NOI Excellent Visibility with Frontage and Signage Along 4th Street/Highway 81 | Situated Just Off Interstate-44 Exit Ramp High Traffic Counts - Highway 81 Has Over 17,000 Vehicles Per Day and Interstate-44 Which Has Over 20,000 Vehicles Per Day Burger King (NYSE: BKC) Has Over 19,000 Locations in More Than 100 Countries | Subsidiary of Restaurant Brands International (NYSE: QSR) Switchgrass Holdings, LLC (Parent) is the Largest Franchisee in Oklahoma with 49-Units Positioned Within a Busy Retail Corridor and Surrounded by High Quality Tenants Including Aldi, Chick-fil-A, KFC, Taco Bell, Starbucks, Walgreens, Walmart and Many Others Located Within a 3-Mile Radius of Multiple Hospitality Accommodations Including Holiday Inn Express & Suites, Hampton Inn, Fairfield Inn & Suites, Quality Inn and Super 8

FOR SALE DETAILS

PRICE

$1,923,000 USD

PRICE/SF

$650 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,812 SF

ZONING

-

APN/PARCEL ID

C686-00-002-001-0-000-00

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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