2908 N 14th St - Fast Food FOR SALE


Ponca City, OK 74601
$2,173,913 USD
918-510-6765
2908 N 14th St, Ponca City, OK for Sale
$2,173,913 USD
Fast Food - FOR SALE
1/3
null | 5.75% Cap Rate

2908 N 14th St
Ponca City, OK 74601


HIGHLIGHTS

  • Strong Historical Site Performance
  • Brand New Construction
  • Long-Term Triple Net (NNN) Sale-Leaseback
  • Strong Franchisee Guarantee

OVERVIEW

SURMOUNT is pleased to present the exclusive listing for a Burger King located at 2908 N 14th Street, Ponca City, OK 74601. The site consists of roughly 3,043 rentable square feet of building space on an estimated 0.75-acre parcel of land. This Burger King is subject to a 20 Years Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $125,000 and has scheduled increases of 1.50% Annually Starting Year 6.

FOR SALE DETAILS

PRICE

$2,173,913 USD

PRICE/SF

$459 USD /SF

CAP RATE

5.75%

% 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

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

Commercial

APN/PARCEL ID

1990-15-026-02E-1-016-00

ASK ABOUT THIS PROPERTY

Daniel PriceSurmountMore Info
918-510-6765

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Daniel PriceSurmountMore Info
918-510-6765

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