521 W 3rd St - Retail FOR SALE
Elk City, OK 73644 |
521 W 3rd St
Elk City, OK 73644
HIGHLIGHTS
- PARCEL FLEXIBILITY – Potential to subdivide the lot, allowing for the sale of the office building separately while continuing operations of Scooter’s
- SALE-LEASEBACK ADVANTAGE – Capitalize on the option to sell Scooter’s Coffee through a sale-leaseback, enabling the recoup of the initial investment
- RENTAL UPSIDE – Maximize income by leasing the vacant office space, which can be configured as a livable unit, an Airbnb, or additional office space
- MARKET DOMINANT COFFEE CHAIN – Scooter’s Coffee has been in business for more than 20 years and operates 800+ locations across 30 states
- HIGH TRAFFIC AREA – The subject property is situated on a large lot and has excellent visibility along U.S Route 66, a major thoroughfare in Elk City
- PANDEMIC PROOF BUSINESS – Drive Thru Coffee – Scooter’s Coffee is a coffee chain concept that is a majority drive thru business
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Scooter's Coffee + Business & Office Building
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Fast Food, Loft/Creative Space, Office/Residential
TOTAL BUILDING SIZE
2920
STORIES
2
YEAR BUILT
1920
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
0170-00-012-007-0-000-00
