Starbucks 911 Holiday Dr

911 Holiday Dr , Ardmore, Oklahoma, 73401 | 1,930 sq.f | $ 1,595,000

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About This Restaurant

Investment Highlights

The tenant is Starbucks Corporation (S&P: BBB+ | NASDAQ: SBUX), an investment-grade tenant and one of the largest QSR operators in the world. Starbucks has previously extended their lease terms early to remain in place for 10 years, rather than the scheduled 5 years at the time. The sites sit directly off the exit of Interstate 35 (?36,400 VPD), the primary highway connecting Oklahoma City and Dallas. The site is ranked in the top 76th percent nationally and top 83rd percent in Oklahoma for average number of monthly visitors compared to other Starbu The site is located within one of Ardmore?s largest retail corridors, featuring national tenants such as Chili?s Grill & Bar, Whataburger, Arby?s, The site is the only Starbucks within a +50-mile radius

Executive Summary

Broker of RecordKyle MatthewsLicense No. 180759 (OK)(866) 889-0550Matthews Real Estate Investment Services, Inc1600 West End,Ste. 1500 Nashville, TN 37203

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Freestanding Freestanding General Retail Fast Food General Retail Restaurant Freestanding
  • Building Size    1,930
  • Building Class    A
  • LoopNet Rating    4 Star
  • Year Built/Renovated    2001/2009
  • Price    1,595,000
  • Price Per SF    826
  • Cap Rate    6
  • NOI    95,700
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.07
  • Land Acres    0.68 AC

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Drive Thru

Nearby Amenities & Transportation

Retail Chili's
Retail Starbucks
Retail El Chico Cafe
Retail Anytime Fitness
Retail Santa Fe Cattle Co.
Retail RibCrib
Retail Wingstop
Retail McAlister's Deli
Retail Five Guys
Retail Simmons Bank

Property Taxes

Parcel Number 0305-00-006-003-0-002-00 Improvements Assessment $54,000
Land Assessment $30,417 Total Assessment $84,417
Date Created: 2024-07-16 04:18:07 Last Updated: 2024-07-16 04:18:07
Address: 911 Holiday Dr , Ardmore, Oklahoma, 73401