1 of 5

2 of 5

3 of 5

4 of 5

5 of 5

•  Media
• Map
• Street View

3501 N Main St
Altus, OK 73521

$1,713,315 USD

Restaurant For Sale  •  4,823 SF

Property Details

• Property Type Restaurant
• Total Building Size 4,854 SF
• Lot Size 1.83 AC
• Building Class B
• Year Built 2005
• Cap Rate 6.75 %
• Tenancy Single

0 Transit Score

22 Walk Score

Highlights

7+ Years Remaining on a Triple Net (NNN) Lease With Zero Landlord Responsibilities

Annual Rent Increases Providing a Healthy Hedge Against Inflation

Strong Guarantee From RMH Franchise Holdings - Currently Operating Over 130 Restaurants Across 14 States

Very Healthy Rent-to-Sales Ratio, Providing a Safe Long Term Investment

Strategically Located Directly on Highway 283, a Major North and South Interstate

Adjacent to Western Oklahoma State College - Enrollment of Over 2,500 Students

Cap Rate:

6.75 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Applebee’s	4,854 SF	12/31/2032

Amenities

• Pylon Sign
• Restaurant
• Signage

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes