841 SW 89th St - Fast Food FOR SALE


Oklahoma City, OK 73139- Springfield-Crestline
$1,915,000 USD
972-755-5250
841 SW 89th St, Oklahoma City, OK for Sale
$1,915,000 USD
Fast Food - FOR SALE
1/5
null | 6.5% Cap Rate

841 SW 89th St
Oklahoma City, OK 73139
Springfield-Crestline


HIGHLIGHTS

  • 12 Years Remaining on Absolute Triple-Net (NNN) Lease with Multi-Unit Franchisee (19 Carl's Jr. Locations)
  • Upcoming Rent Increase on August 1, 2028
  • Densely-Populated Trade Area in Oklahoma City - 219,342 Residents within 5 Miles
  • Signalized Hard Corner Location, Easily Accessible by ±36,000 Cars per Day at the Intersection of SW 89th Street and South Western Avenue
  • Easy Freeway Access, 1 Mile South of Interstate 240 and 2 Miles East/West of Interstates 44 and 35
  • Surrounded by National Tenants: Dunkin', Planet Fitness, Arby's, Dollar General, and More

OVERVIEW

Founded in 1941, Carl's Jr. is a West Coast favorite, known for its iconic charbroiled burgers. The chain has more than 1,100 locations across the U.S. and serves 28 countries worldwide. Oklahoma City is the capital and largest city in the state of Oklahoma, ranking 22nd among U.S. cities in population with 681,054 residents. The Oklahoma City metropolitan area has a population of 1,396,445, and the Oklahoma City-Shawnee Combined Statistical Area has a population of 1,469,124 (Chamber of Commerce) residents, making it Oklahoma’s largest metropolitan area by population.

FOR SALE DETAILS

PRICE

$1,915,000 USD

PRICE/SF

$755 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carl's Jr.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C-3

APN/PARCEL ID

140091000

ASK ABOUT THIS PROPERTY

Timothy SpeckMarcus & MillichapMore Info
972-755-5250

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Timothy SpeckMarcus & MillichapMore Info
972-755-5250

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