KFC

1228 South 4th Street, Chickasha, OK 73018

BROKER OF RECORD: Bang Realty-Oklahoma Inc, RE# 177814

Highlights

• 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.

Pricing

Price: $1,597,283

Cap Rate: 6.00%

NOI: $95,837

Price Per SF: $433.93

Leasable Area: 3,681+ SF

Term Remaining: 7+ Years

Year Built/Remodeled: 2008/2018

Occupancy: 100%

Lot Size: 0.68 Acres

Status: Available