1228 South 4th Street, Chickasha, OK 73018
BROKER OF RECORD: Bang Realty-Oklahoma Inc, RE# 177814
Strong Tenant - 770+ Unit operator and growing, the Largest KFC Franchise Operator in the Nation.
Favorable Lease - There are 7 years remaining on base lease term, followed by four, 5-year renewal options following the base term.
Rental Increases - The property has 10% rental increases every 5 years.
Retail Corridor - Located in a busy retail corridor just a few minutes from Walmart Supercenter, as well as the University of Science and Arts of Oklahoma & Grady Memorial Hospital
Excellent Locations & Demographics - Excellent frontage on a signalized hard corner along 4th street, which is a major thoroughfare in Chickasha with 17,000 VPD. 14,000+ Residents within a 3-mile radius.
Zero Landlord Responsibility - Absolute Triple Net Lease. There are Zero Management responsibilities, perfect for buyers looking for a “hands-off” investment.
Cap Rate: 6.00%
Price Per SF: $433.93
Leasable Area: 3,681+ SF
Term Remaining: 7+ Years
Year Built/Remodeled: 2008/2018
Lot Size: 0.68 Acres