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
1/9
null | 6.15% Cap Rate

2215 Oklahoma Ave
Woodward, OK 73801


HIGHLIGHTS

  • Brand New 10-Year Lease | Corporate Guaranteed | Scheduled Rental Increases | Brand New Construction | New Roof Warranty
  • NN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
  • Oklahoma Ave (35,590 VPD) | Limited Brand Competition | INTEGRIS Health Woodward Hospital | Nearby Hotels/Inns
  • Plaza Shopping Center (48,000 SF) | Near Walmart Supercenter | Primary Retail Corridor | Woodward High School (700+ Students) |Covid & E-commerce Resi
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, Starbucks investment property located in Woodward, Oklahoma. The tenant, Starbucks Corporation recently signed a brand-new 10-year lease with 6 (5-year) options to extend, demonstrating their commitment to the site. The lease features 7% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN leased with minimal landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Starbucks is highly ranked and has been ranked the #1 Most Valuable restaurant brand in the world for the 8th year in a row, according to Brand Finance (2024).

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

C-2

APN/PARCEL ID

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

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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