218 Heather Rd - Retail FOR SALE


Guthrie, OK 73044
$1,554,000 USD
480-221-4221
218 Heather Rd, Guthrie, OK for Sale
$1,554,000 USD
Retail - FOR SALE
1/6
null | 7.15% Cap Rate

218 Heather Rd
Guthrie, OK 73044


HIGHLIGHTS

  • 20+ Year Operating History | Options To Extend | Strong Franchisee | Recent 2021 Remodel
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Interstate 35 & State Highway 33 | Frontage Visibility | Pylon Sign | Nearby National/Credit Tenants | Tesla Charging Station
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The site is drive-thru equipped • Pizza Hut recently exercised its first five-year extension option, with one additional extension option remaining • The site is backed by a strong franchisee with over 35 locations across Kansas, Oklahoma, and Northern Ohio, and the franchisee has operated this location for over 20 years, demonstrating their commitment to the site • Full exterior and interior remodel completed in 2021, demonstrating strength in the location

FOR SALE DETAILS

PRICE

$1,554,000 USD

PRICE/SF

$565 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut | 2021 Remodel

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

71,874 SF

ZONING

C-2

APN/PARCEL ID

420040283

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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