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32955941
32955940

1140 S Bryant Ave, Edmond, OK 73034

DD
NY 40DE0945716
HMX Realty Advisors
RJ
NY NY 10311201830
HMX Realty Advisors
Listed by HMX Realty Advisors
$3,178,462
464 days on market
Updated 9 days ago

Top Performing Mo' Bettahs and Donato's Pizza - Edmond OK

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 5,300
Cap Rate 6.50%
NOI $206,600
Occupancy 100%
Tenancy Single
Brand/Tenant Mo' Bettah, Donato's Pizza
Lease Type NNN
Lease Term 10
Lease Expiration 08/14/2033
Rent Bumps Yes
Lease Options Yes at 10%
Broker Co-Op Yes
Class A
Year Built 2024
Buildings 2
Acreage 1.170
Investment Type Stabilized
Tenant Credit Corporate Guarantee
Lease Commencement 09/17/2024
Ownership Fee Simple
Sale Condition 1031 exchange

Infill Location in Oklahoma's Most Affluent City | New 10-Year Leases

Marketing description

HMX Realty Advisors exclusively presents for sale a freestanding building with two of the top performing tenants within their respective chains. The property represents a compelling infill investment opportunity which combines irreplaceable real estate located in the state's most affluent market.

The city of Edmond boasts an exceptional average household income of $142,597, providing a robust and stable customer base that has driven the exceptional success of the tenants. This established success, combined with the convenience of two drive-thrus ensures strong tenant stability and proven customer volume.

Both tenants have 10-year leases with a 10% rent escalation every 5-years in the base term and options. Mo' Bettahs is a corporate lease, while Donato's Pizza is personally guaranteed by strong, multi-unit franchisee. The seller offers an optional, turn-key arrangement where management will continue to operate the property and bill tenants directly for CAM. This gives the investment passive real estate income in a fully developed, wealthy market.

Investment highlights

• Oklahoma's Most Affluent City
• Infill Location and 7.15 Cap in 2028
• Near High School
• Mo’ Bettahs – Top 2% Nationally
• Donato’s Pizza – Top 8% Nationally
• Corporate Credit
• Outstanding Demographics

Listing Contacts

DD
NY 40DE0945716
HMX Realty Advisors
RJ
NY NY 10311201830
HMX Realty Advisors
Listed by HMX Realty Advisors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$206,600.00
$17,216.67/mo

Valuation Metrics

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DSCR
6.5%
Cap Rate
6.5%
ROI

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