About This Restaurant
Investment Highlights
Triple Frontage Prominently located High-Traffic area 18,497 VPD Highly desirable lot for development Immediate revenue streams
Executive Summary
MOL .6 AC Local Commercial zoned lot fronts (Washington, Fredonia & N York Street). The property has 2 exits and 2 entrances also well as a drive-thru lane for its quick-service restaurant. This prime investment includes income-producing buildings on strategically positioned property, ideal for stabilized income and development. With its optimal positioning and existing income potential, this property is a dream for investors and developers alike. Capitalize now on this exceptional opportunity.There are five separate tenants across three buildings, all of which have in place a triple net lease, with an average expiration date of 1/30/2026.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Restaurant General Retail Storefront Retail/Office General Retail Veterinarian Kennel Fast Food
- Building Size 7,589
- Year Built/Renovated 1980/2016
- Price 315,000
- Price Per SF 42
- Cap Rate 7
- NOI 22,050
- Percent Leased 100
- Tenancy Multiple
- Building Height 1 Story
- Building FAR 0.29
- Land Acres 0.60 AC
Amenities
- Corner Lot
- Pylon Sign
- Restaurant
- Drive Thru
- Storage Space
- Monument Signage
| Date Created: | 2024-07-16 04:18:08 | Last Updated: | 2024-07-16 04:18:08 |
| Address: | 703 N York St , Muskogee, Oklahoma, 74403 | ||