1012 BroadwayEdmond, OK 73034

This exceptional retail property, located at 1012 S Broadway in Edmond, Oklahoma (73034), presents a compelling investment opportunity. The 2,394 square foot building, constructed in 1979 and extensively renovated in 2023, sits on a 1.05-acre lot and boasts 45 parking spaces. Currently operating at 100% occupancy since April 15, 2024, the property generates a strong net operating income (NOI) of $156,000, yielding an attractive 11.14% cap rate. The asking price is $1,399,999, translating to $584.79 per square foot. The property is zoned for commercial use and features a single tenant under a NNN lease commencing April 15, 2029. Key features include a drive-thru, a large lobby, an enclosed patio, an updated open kitchen with gas appliances, public restrooms, and ample equipment and furniture. The interior showcases a glass entryway, a front counter with display cases, and decorative walls. The property's prime location in a high-traffic area near Downtown Edmond ensures strong visibility and accessibility. This sale-leaseback opportunity offers a secure investment with significant potential for future growth. The property's Class C designation reflects its solid functionality and value. The tenant has no credit rating. The building consists of one story. The property's APN is 184415000.