For Sale
$695,000

2132 Oklahoma Ave Woodward, OK 73801

High-yield QSR investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a 574-square-foot, freestanding Scooter's Coffee location situated at 2132 Oklahoma Ave, Woodward, Oklahoma 73801. The property boasts a strong 6.04% cap rate, generating a net operating income (NOI) of $42,000 annually. This single-tenant, absolute NNN lease provides a secure investment with a 10-year term and built-in rent bumps of 10% increases. The property is a ground lease, offering additional long-term stability. The tenant, Scooter's Coffee, is a well-established and rapidly expanding national brand with over 800 locations across the United States, ensuring consistent revenue streams. The property's convenient location in Woodward, Woodward County, Oklahoma, further enhances its appeal. With its attractive financial metrics and established tenant, this property represents a compelling investment opportunity for discerning buyers seeking a stable, high-yield return. The asking price for this turnkey operation is $695,000. This is a rare chance to acquire a proven, successful QSR location in a growing market. Don't miss out on this exceptional investment opportunity.

Highlights

  • 574-square-foot freestanding Scooter's Coffee building at 2132 Oklahoma Ave, Woodward, OK 73801.
  • 6.04% cap rate with $42,000 annual NOI.
  • Absolute NNN lease with 10-year term and 10% annual rent increases.
  • Ground lease providing long-term stability.
  • Turnkey operation with asking price of $695,000.

Property Details for 2132 Oklahoma Ave

Property type
Retail properties
Square Feet
574 SF

Location Insight

City
Woodward
County
Woodward
State
Oklahoma
Latitude
36.4338398
Longitude
-99.4070454

FAQs

What type of property is this?
Retail property - High-yield QSR investment opportunity.
Where is the retail property located?
The property is located at 2132 Oklahoma Ave Woodward, OK.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 574-square-foot freestanding Scooter's Coffee building at 2132 Oklahoma Ave, Woodward, OK 73801.; 6.04% cap rate with $42,000 annual NOI.; Absolute NNN lease with 10-year term and 10% annual rent increases.
How can I contact the broker?
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2132 Oklahoma Ave
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