1127 4Th StChickasha, OK 73018

Property Details for 1127 4Th St

Year built

1974

Lot size

1.14 AC

Property size (Sq ft)

2,418 SF

Property type

Commercial land

APN

C001-00-228-005-0-000-00

APU

C00100228005000000

Description

This exceptional investment opportunity features a brand-new, 2,547 square foot HTeaO quick-service restaurant with a dual drive-thru. Located on a 0.57-acre lot at a signalized hard corner in Chickasha, Oklahoma (1127 S 4th St, 73018), this Class A property boasts excellent visibility and accessibility along a major retail corridor with over 21,000 vehicles daily. The 15.4-year absolute NNN lease with the largest HTeaO franchisee includes 1.5% annual rent bumps and CPI adjustments in the options, ensuring a stable and appreciating asset. The property benefits from its proximity to numerous national retailers (Walmart, Tractor Supply, etc.), schools (University of Science and Arts of Oklahoma, Chickasha High School), Grady Memorial Hospital, the Grady County Fairgrounds, and the Chickasha Sports Complex, creating a strong customer base. The property generated a NOI of $120,000 in 2024, resulting in a 6.25% cap rate. The asking price is $1,920,000. This is a rare opportunity to acquire a high-performing, established brand in a thriving market.

• Alternative Use

  Use

  Valuation

  Residential

  $493,447

  Hospitality

  $451,995

  Educational

  $376,054

  Medical

  $388,988

  Retail

  $584,974

Location Insight

City

Chickasha

County

Grady

State

Oklahoma

Latitude

35.0394

Longitude

-97.9364

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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