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1102 S George Nigh Expy
Mcalester, OK 74501

$3,000,000 USD

Fast Food For Sale  •  3,724 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,520 SF
  • Lot Size 2 AC
  • Building Class C
  • Year Built 2024
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning C
0 Transit Score
24 Walk Score

Highlights

LONG-TERM LEASE: BRAND NEW 20-YEAR ABSOLUTE NNN LEASE with attractive 7.50% rental escalations every 5 years with four 5-year options to renew
TENANT | GUARANTORS: Ram-Z Custard, LLC owns & operates 69 locations, which include 34 Freddy’s restaurants, making it the 6th largest Freddy’s
BRAND NEW CONSTRUCTION: Well-positioned on a pad site to a newly constructed Hobby Lobby/Ross/T.J. Maxx Anchored Retail Center
TRAFFIC COUNTS: Situated on a very large ±2.0-acre lot with excellent visibility/access on US-69/George Nigh Expy
2024 DEMOGRAPHICS: Total Population (5MI): 21,428 | Average Household Income (1MI): $111,860
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Freddy's Frozen Custard

Amenities

  • Restaurant
  • Signage
  • Drive Thru
  • Air Conditioning
Kendall Carlsen 402-730-6021 Commercial Investment Advisors, INC
Kendall Carlsen 402-730-6021 Commercial Investment Advisors, INC