705 S MacArthur Blvd - Restaurant FOR SALE


Oklahoma City, OK 73128- W South Oklahoma City
$2,410,672 USD
332-345-4202
705 S MacArthur Blvd, Oklahoma City, OK for Sale
$2,410,672 USD
Restaurant - FOR SALE
1/3
null | 5.65% Cap Rate

705 S MacArthur Blvd
Oklahoma City, OK 73128
W South Oklahoma City


HIGHLIGHTS

  • Absolute Triple-Net (NNN) Lease | Zero (0) Landlord Responsibilities
  • Original Long-Term Twenty (20)-Year Lease | Approximately 15.1 Years Remaining | Six (6), Five (5)-Year Options
  • Rental Increases Of The Lesser of Change In CPI Or 1.25% Annually | Hedge Against Inflation
  • Original 2019 Build-To-Suit Construction

OVERVIEW

Surmount is pleased to present the exclusive listing for a Wendy's located at 705 S MacArthur Blvd, Oklahoma City, OK 73128. The site consists of roughly 3,218 rentable square feet of building space on an estimated 1.00-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease, which commenced 12/21/2019. The current annual rent is $136,203 and has scheduled increases of lesser of change in cpi or 1.25% annually.

FOR SALE DETAILS

PRICE

$2,410,672 USD

PRICE/SF

$749 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendys

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

I-2

APN/PARCEL ID

141991015

ASK ABOUT THIS PROPERTY

Judson KauffmanSurmountMore Info
332-345-4202

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Judson KauffmanSurmountMore Info
332-345-4202

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