7980 E 111th St - Fast Food FOR SALE


Bixby, OK 74008
$2,106,350 USD
7980 E 111th St, Bixby, OK for Sale
$2,106,350 USD
Fast Food - FOR SALE
1/3
null | 5.4% Cap Rate

7980 E 111th St
Bixby, OK 74008


HIGHLIGHTS

  • Lowe’s Outparcel | Dense Retail Corridor | 2016 Construction – Strategically positioned as a Lowe’s outparcel providing consistent retail traffic.
  • Affluent Demographics | 3-Mile Avg HH Income of $129,897 | Projected Population Growth of 3.46%
  • Strong Traffic Counts (49,000+ VPD) | High Visibility | Multiple Access Points | Near Various National Retailers
  • Tulsa MSA | 2nd Largest MSA in Oklahoma – The Tulsa MSA stands as the 2nd largest metropolitan area in Oklahoma, home to over 1,045,000 residents
  • 11+ Years Remaining | Annual Rent Increases | Options to Extend – There are approximately 11+ years remaining on an initial 20-year lease.
  • Absolute NNN Lease | Fee Simple Ownership | Zero Landlord Responsibilities – The current lease is Absolute NNN

OVERVIEW

Broker of Record Kyle Matthews License No. 180759 (OK) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$2,106,350 USD

PRICE/SF

$1,154 USD /SF

CAP RATE

5.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

CS

APN/PARCEL ID

57611-83-35-13340

ASK ABOUT THIS PROPERTY

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