2215 Oklahoma Ave - Fast Food FOR SALE


Woodward, OK 73801
$2,276,000 USD
949-506-2009
2215 Oklahoma Ave, Woodward, OK for Sale
$2,276,000 USD
Fast Food - FOR SALE
1/4
null | 6.15% Cap Rate

2215 Oklahoma Ave
Woodward, OK 73801


HIGHLIGHTS

  • Brand-new (2024), state-of-the-art construction with Starbucks’ latest prototype
  • Corporately guaranteed lease which is backed by BBB+, investment-grade credit (S&P)
  • New, 20-year roof warranty to be transferred to Buyer, at Closing
  • Excellent access and visibility from Oklahoma Avenue which sees ±35,590 VPD
  • Ideal market share | This is the only Starbucks in a 48-mile radius
  • Starbucks is ranked the #1 Most Valuable Restaurant Brand in the World for the 8th year in a row, according to Brand Finance (2024)

OVERVIEW

PROPERTY HIGHLIGHTS • Brand-new (2024), state-of-the-art construction with Starbucks’ latest prototype • Corporately guaranteed lease which is backed by BBB+, investment-grade credit (S&P) • Long-term lease with Starbucks, one of the most sought-after tenants in retail • New, 20-year roof warranty to be transferred to Buyer, at Closing • Excellent access and visibility from Oklahoma Avenue which sees ±35,590 VPD • Ideal market share | This is the only Starbucks in a 48-mile radius • Proximity to a number of prominent retail tenants including McDonald’s, Taco Bell, Harbor Freight Tools, Walgreens, O’Reilly Auto Parts, Sonic, KFC, Carl’s Jr, Dollar General, NAPA Auto Parts, Dairy Queen, Sherwin-Wiliams, Family Dollar, among others • Walking distance to: • INTEGRIS Health Woodward Hospital | 87 beds • 5 different hotels/inns • About 1.5 miles from Woodward High School | 700+ students • Less than 2.5 miles from a Walmart Supercenter-anchored shopping center STARBUCKS’ HIGHLIGHTS • Starbucks is highly ranked in several areas, including: • #1 Most Valuable Restaurant Brand in the World for the 8th year in a row, according to Brand Finance (2024) • #116 on Fortune 500 list (2024) • #1 World’s Most Admired Company in the Food Services Industry for the 21st year in a row, according to Fortune Magazine (2024) • Starbucks is the world’s largest coffee chain with 38,000+ locations in 76 countries | $36B+ in revenue in 2023, an 9.3% increase from 2022

FOR SALE DETAILS

PRICE

$2,276,000 USD

PRICE/SF

$896 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Starbucks | Only Location for 48 Miles

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

-

APN/PARCEL ID

0410-35-23N-21W-1-101-00

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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