Listed by Creek Commercial Realty
$1,195,000
2035 S Meridian Ave
Details
Property Type Retail
Sub Type Restaurant, Commercial
Square Footage 4,833
Units 1
Cap Rate 7.28%
NOI $86,994
Lease Type NNN
Price per SqFt $247
Year Built 2002
Lot Size (SqFt) 23,087
Retail | 7.28% CAP | 4,833 SqFt
Marketing description
Currently offered as a NNN investment sale, China Fu is located at 2035 S Meridian Ave, Oklahoma City, OK. Located in the S Meridian Corridor, China Fu sees high traffic due to its close proximity to Will Rodgers International Airport. Surrounded by hotels, the building features strong visibility and ample parking. China Fu is an authentic Chinese restaurant.
Location Description
West side of S Meridian Ave
Investment highlights
- NNN Lease
- Asset Can be Sold Individually or Apart of Portfolio
- 7.28% Cap Rate
- Lease Expiration 7/20/2028
- Strong Local Operator
- Rent Escalations at Time of Renewal (2028)
- Regional Draw
- ample parking
Listing Contacts
Listed by Creek Commercial Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$86,994.00
$7,249.50/mo
Valuation Metrics
0
DSCR
7.28%
Cap Rate
7.28%
ROI
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