4901 NE 122nd St - Restaurant FOR SALE


Edmond, OK 73013
$4,156,993 USD
404-504-7900
4901 NE 122nd St, Edmond, OK for Sale
$4,156,993 USD
Restaurant - FOR SALE
1/9
null | 5.75% Cap Rate

4901 NE 122nd St
Edmond, OK 73013


HIGHLIGHTS

  • Absolute NNN Lease with Annual Rent Increases
  • Strong Performance | Low Rent-To-Sales Ratio
  • Top Visited Location | #2 Cracker Barrel in the State of Oklahoma
  • Excellent Interstate Access & Visibility | I-35 (79,200 VPD) | I-44 (39,757 VPD)
  • Significant Built-In Customer Base | Within 1 Mile of more than 700 Hotel Rooms
  • Oklahoma City MSA (Population 1.47M+)

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the 9,646-square-foot Cracker Barrel Old Country Store situated on 2.86 acres in Edmond, Oklahoma — part of the Oklahoma City MSA (MSA Population: 1.47M+). Cracker Barrel's absolute NNN lease features ±14.9 years of primary term remaining with 1% annual rent increases throughout the remainder of the term and in each of the ten, 5-year renewal options (six fixed renewal terms, followed by four FMV renewal terms).

FOR SALE DETAILS

PRICE

$4,156,993 USD

PRICE/SF

$508 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cracker Barrel

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

139

LAND DETAILS

LAND ACRES

2.86 AC

LAND SF

124,582 SF

ZONING

C-HC

APN/PARCEL ID

148751040

ASK ABOUT THIS PROPERTY

Brian PfohlCBREMore Info
404-504-7900

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Brian PfohlCBREMore Info
404-504-7900

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