Restaurants /OK /Garfield County /Enid /4125 W Owen K Garriott Rd
Restaurants /OK /Garfield County /Enid /4125 W Owen K Garriott Rd

4125 W Owen K Garriott Rd - Restaurant FOR SALE


Enid, OK 73703 | 
$1,355,000 USD
214-295-8753
4125 W Owen K Garriott Rd, Enid, OK for Sale
$1,355,000 USD
Restaurant - FOR SALE
1/2
null | 8.59% Cap Rate
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4125 W Owen K Garriott Rd
Enid, OK 73703

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HIGHLIGHTS

  • Absolute NNN lease with zero landlord responsibilities and 1% annual rent increases
  • Recently extended 10-year lease with ±11.5 years remaining on base term
  • Attractive 8.59% cap rate and stable NOI of $116,400 annually
  • Located on a 1.08-acre lot along Enid’s main retail corridor with 21,000+ VPD

OVERVIEW

Kyle Matthews Matthews Real Estate Investment Services, Inc License # 180759, 180760 (OK) 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,355,000 USD

PRICE/SF

$332 USD /SF

CAP RATE

8.59%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

-

APN/PARCEL ID

0000-15-22N-07W-1-155-00

ASK ABOUT THIS PROPERTY

Nathan RobertoMatthews Real Estate Investment ServicesMore Info
214-295-8753

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Nathan RobertoMatthews Real Estate Investment ServicesMore Info
214-295-8753

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