1140-1148 S Bryant Ave - Restaurant FOR SALE


Edmond, OK 73034
$3,178,462 USD
917-741-1525
1140-1148 S Bryant Ave, Edmond, OK for Sale
$3,178,462 USD
Restaurant - FOR SALE
1/8
null | 6.5% Cap Rate

1140-1148 S Bryant Ave
Edmond, OK 73034


HIGHLIGHTS

  • Mo’ Bettahs – Top 2% Nationally
  • Donato’s Pizza – Top 8% Nationally
  • Passive Ownership and Corporate Credits
  • Outstanding Demographics
  • Adding Third Entru Lane
  • Located in the Wealthiest City in Oklahoma

OVERVIEW

HMX Realty Advisors exclusively presents for sale a freestanding building with two of the top performing tenants within their respective chains. The property represents a compelling infill investment opportunity which combines irreplaceable real estate located in the state's most affluent market. The city of Edmond boasts an exceptional average household income of $142,597, providing a robust and stable customer base that has driven the exceptional success of the tenants. This established success, combined with the convenience of two drive-thrus ensures strong tenant stability and proven customer volume. Both tenants have new 10-year leases with a 10% rent escalation every 5-years in the base term and options. Mo' Bettahs is a corporate lease, while Donato's Pizza is personally guaranteed by strong, multi-unit franchisee. The seller offers an optional, turn-key arrangement where they will continue to manage the property and bill tenants directly for CAM. This gives the investment passive real estate income in a fully developed, wealthy market.

FOR SALE DETAILS

PRICE

$3,178,462 USD

PRICE/SF

$600 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Re-Priced Donato's Pizza and Mo' Bettah

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

219011000

ASK ABOUT THIS PROPERTY

Rob JamesHMX1031.COM - NETLEASENAVIGATOR.COMMore Info
917-741-1525

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Rob JamesHMX1031.COM - NETLEASENAVIGATOR.COMMore Info
917-741-1525

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