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22887799
22887800

1127 S 4th Street, Chickasha, OK 73018 For Sale

TS
OK 149994, TX 9002994
Marcus & Millichap - Oklahoma City
Listed by Marcus & Millichap - Oklahoma City
$1,777,777
460 days on market
Updated 103 days ago

HTEAO w/ DUAL DR-THRU | 15YR NNN | GROWING & POPULAR BRAND

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 2,547
Cap Rate 6.75%
NOI $120,000
Tenancy Single
Brand/Tenant HTeaO
Lease Type Absolute NNN
Lease Expiration 03/27/2040
Remaining Term 13.7
Rent Bumps Yes
Class A
Year Built 2024
Acreage 0.570
Investment Type Net Lease
Tenant Credit Franchisee

Retail | 6.75% CAP | 2,547 SF

Marketing description

PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:

https://themansourgroup.com/properties/310410/hteao

Investment highlights

  • 15 Year Absolute Net Lease (Zero Landlord Obligations) Featuring 1.5% Annual Increases throughout the Initial Term and CPI Adjustments in the Options. Brand New Construction w/ Dual Drive-Thru.

  • Positioned Along Area’s Major Retail & Traffic Corridor: Features Easy Access and Excellent Visibility at a Signalized Hard Corner to Combined Daily Traffic Counts Exceeding 21k Vehicles. Near Interst

  • Largest Franchisee in HTeaO System - HTeaO is the Largest and Fastest Growing Iced Tea Operator in the Quick Serve Restaurant Space, focusing primarily on serving Texas Style Refreshing Iced Tea.

  • Surrounded by Numerous National Retailers including Walmart Supercenter, Tractor Supply, Maurices, Homeland Grocery, Atwoods, Harbor Freight Tools, CVS Pharmacy, Walgreens and many more.

  • Near Numerous Schools including the University of Science and Arts of Oklahoma, Chickasha High School, and more, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.

  • In Close Proximity to Grady Memorial Hospital - a Full-service Healthcare Facility Offering a Range of Services, including Emergency Care, Surgery, and Diagnostics.

  • Down the Street from Grady County Fairgrounds - hosts a Variety of Events, including Fairs, Rodeos, Livestock Shows, and Community Gatherings. It features Large Indoor and Outdoor Spaces, serving as a Hub for Local Entertainment, Agriculture, and Family-friendly Activities Year-round.

  • Less than a Mile From Chickasha Sports Complex - hosts Regional Baseball, Softball and Soccer Tournaments, as well as Facilitating Local Games and Practice Sessions.

Listing Contacts

TS
OK 149994, TX 9002994
Marcus & Millichap - Oklahoma City
Listed by Marcus & Millichap - Oklahoma City

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$120,000.00
$10,000.00/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

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Additional Information

Name
Tim Speck
License
OK 149994
Title
Broker of Record
Name
Tim Speck
License
149994
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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