470 Highway 287 - Fast Food FOR SALE


Boise City, OK 73933
$324,000 USD
626-631-4824
470 Highway 287, Boise City, OK for Sale
$324,000 USD
Fast Food - FOR SALE
1/1
null | Request Cap Rate

470 Highway 287
Boise City, OK 73933


HIGHLIGHTS

  • Priced Below Replacement Cost
  • Newer Construction | Property Was Completely Rebuilt in 2013 with Modern Infrastructure
  • Vacant Former Dairy Queen | Ready for Owner User
  • Drive-thru Equipped
  • Large Lot with Ample Parking and Access
  • Ideal for QSR, Fast Casual, Coffee, or Other Retail Uses

OVERVIEW

NNN Retail Group is pleased to present a rare opportunity to acquire a vacant, freestanding drive-thru restaurant located along Highway 287 in Boise City, Oklahoma. Located along Highway 287, the site benefits from steady traffic and access to a market supported by agriculture and energy. This 3,243 SF building sits on a spacious 1.76-acre parcel and offers significant value-add potential for investors or an excellent opportunity for an owner/operator to establish their own concept in a well-equipped restaurant setting. Originally built in 1989 and completely rebuilt in 2013 following a fire, the property features newer construction, a dedicated drive-thru, and ample parking. The property previously operated as a Dairy Queen from 2006 until recently, demonstrating long-term viability at the location. This was one of the former franchisee’s few locations outside of Texas. They elected to focus on their core market and closed all of their locations that were not located in Texas, including this location. Whether you’re a national franchise, regional operator, or investor seeking upside through redevelopment or re-leasing, this is a turnkey opportunity that boasts strong fundamentals, including newer construction (rebuilt in 2013), a dedicated drive-thru, and visibility along a major thoroughfare. The property is well-suited for repositioning, re-tenanting, or redevelopment.

FOR SALE DETAILS

PRICE

$324,000 USD

PRICE/SF

$100 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Former Dairy Queen | Vacant Drive Thru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.77 AC

LAND SF

77,101 SF

ZONING

-

APN/PARCEL ID

0120-00-001-010-0-002-00

ASK ABOUT THIS PROPERTY

Kevin LeNNN Retail GroupMore Info
626-631-4824

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Kevin LeNNN Retail GroupMore Info
626-631-4824

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