Corporate DAK's Market with Sbarro Foods | New Construction
Year 6 Pro-forma 7.26% CAP | Corporate DAK's Market with Sbarro Foods
Marketing description
CBRE is pleased to present the exclusive listing for the DAK’s Market with a full Sbarro restaurant located at 509 S. Main Ave., in Bristow, OK. The site consists of 6,500 total square feet of building space and sits on 0.67 acres of land. The site will be subject to a 20-year sale-leaseback with DAK’s Market, LLC. Starting in year one, the base rent shall be $429,074.00. The lease will call for 10% rental escalations each five-year period. There will be a total of 20-years of initial term with five, five-year renewal options.
The subject property benefits from being located in a strong retail corridor surrounded by national and local tenants, shopping centers and hospitality accommodations. Located on a hard corner on the intersection of S. Main Street and E. 1st Ave., the subject property is surrounded with the following major tenants in the immediate area; TH Rogers Lumber Company, Sonic, Dollar General, Tractor Supply, Walmart Supercenter, Kum&Go, as well as many more.
Investment highlights
Dak’s Market Gas & C-Stores CORPORATE Guaranteed Leases with Fuel Supply Corporation Guarantees.
SBARRO Foods partnership to be present on all Dak’s Market Stores, providing top-quality food service.
Dak’s Operates with a larger than average C-Store prototype focusing heavily on the consumer experience and quality care from employees throughout their fueling and shopping experience.
Newly Constructed in 2025 - NEW Prototype with Shell-Fuels and SBARRO Foods Vendor partnerships - Grand Opening April 2025.
Dak’s Market Gas & C-Stores are eligible for Bonus/Accelerated Depreciation benefits.
Historical Operations of Dak’s Market Stores have proven to do staggering sales numbers from an interior and exteior sales perspective.
NEW 20-Year Absolute NNN Lease at Close of Escrow | 10% Rental Escalations Each Five-Year Period.
S.Main Street is the primary retail and commuter corridor serving the immediate trade area.
Hard-Corner Lighted Intersection Location - The Asset benefits from significant street frontage and multiple points of ingress/egress, providing convenience and ease for customers.
Fee-Simple Real Estate.
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