2511 Williams AveWoodward, OK 73801

Property Details for 2511 Williams Ave

Year built

1999

Lot size

0.75 AC

Property size (Sq ft)

5,003 SF

Property type

Turn key restaurants

APN

0410-31-23N-20W-3-313-00

APU

04103123N20W331300

Description

This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 2511 Williams Ave, Woodward, OK 73801. The property boasts 4,779 square feet on a 1.21-acre lot, situated at a hard corner intersection offering excellent visibility and accessibility. Built in 1999, this one-story building enjoys 100% occupancy with a highly reputable national tenant, Pizza Hut. The current lease features a remaining term of 15 years with attractive 1.50% annual rent bumps, ensuring consistent income growth. The asking price is $2,608,000, representing a compelling price per square foot of $545.72 and a strong 6.25% cap rate. The property generates a substantial net operating income (NOI) of $162,969 annually. Data from Placer.ai indicates over 70,000 annual visits, highlighting the significant foot traffic and strong market demand. This is a rare opportunity to acquire a stable, high-performing retail investment in a desirable location. The property's strong tenant, long-term lease, and consistent income stream make it an ideal addition to any diversified portfolio. All information is deemed reliable but not guaranteed.

• CAP approach

  CAP return

  Valuation

  6%

  $1,150,626

  6.5%

  $1,062,116

  7%

  $986,251

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,516,942

  Geo Method

  $1,516,942

• Alternative Use

  Use

  Valuation

  Residential

  $895,935

  Hospitality

  $820,672

  Educational

  $682,789

  Medical

  $706,271

  Retail

  $1,062,116

Location Insight

City

Woodward

County

Woodward

State

Oklahoma

Latitude

36.4217

Longitude

-99.3891

CBSA code

49260

CBSA name

WOODWARD, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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