Gaia Real Estate Investments is proud to present the following Corporate Chili' s Grill & Bar located in Ardmore, OK. The newly constructed building sits on 1.69 Acres of prime real estate strategically located off Interstate 35. The subject features a new 10 year ground lease with four (5) year options to renew and increases every 5 years. Chili' s and their franchisees operate more than 1,500 restaurants in 32 countries and two territories. Their brands include Chili's Grill & Bar and Maggiano's Little Italy. Their restaurants are supported by more than 100,000 team members worldwide who deliver an outstanding dining experience to every guest, every day.
Industry leader Yummy Holdings, LLC is the franchise obligated to the 20-year base term NNN lease executed in June 2008. Originally built in 1982, the building was renovated by the franchisee in 2011. Long John Silver's along with co-branded A&W occupied this attractively located QSR property for 6 years before electing to cease its fast-food operations in June 2014. Franchisee remains obligated to the terms of the lease and continues to pay all expenses associated with the property in a timely manner. A speculative investor seeking to realize an immediate above market return can capitalize on the property's exceptional location and area's significant growth to identify another national tenant willing to negotiate a new long-term lease while having guaranteed in-place income. Contact Listing Agent for Offering Memorandum.
Dollar General Corporation operates as the country' s largest small-box discount retailer with stores in the southern, southwestern, midwestern, and eastern United States. The stores are typically located in local neighborhoods and small communities deemed too small for big-box retailers. Dollar General offers both name-brand and generic merchandise including off-brand goods and closeouts of name-brand items. Although it has the word dollar in the name, Dollar General is not a dollar store. Many of its offerings are priced at more than one dollar.
The newly constructed, 21,581 square foot May Crossing offers the opportunity to acquire a high-yielding, long-term net-leased shopping center at 95% occupancy in an infill location within a high barrier-to-entry sub-market in the heart of Oklahoma City. The property's entrance shares a signalized intersection with a stand-alone Target, while Whataburger, Jack in the Box, and AT&T serve as the Subject Property's pad buildings. The staggered leases, embedded rent increases, and destination-oriented tenant-mix provides stability and hedges future rollover risk.
INVESTMENT HIGHLIGHTS ·ð Absolute NNN Lease Requires Zero Landlord Responsibilities ·ð New Absolute NNN Lease will Commence Upon Close of Escrow ·ð Four (4), Five (5) Year Options Periods with 1% Increases ·ð 1% Annual Increases, Including the Option Periods
The property is a proven corporate store that the tenant extended early showing its commitment to the area. A new concrete parking lot extension was constructed to accommodate for the customer demand. The property is ideally located on a dense retail corridor with traffic counts over 29,600 ADT. There are multiple neighboring national tenants, including the Washington Park Mall, which features over 45 national and regional retailers including Dillard's, the only GAP outlet within a 200 mile radius, and Movies 8, the only first-run stadium seating theater in Bartlesville. Highlights - Brand New 10 YR NN Lease - Rent Bumps Every 5 Years - Proven Corporate Location - S&P Credit Rating (A-) - AT&T (NYSE:T) is #11 on Fortune 500 and the l - HH Income in 1 mile is over $80,000
Price Revision! The subject property is a 6,583-square foot multi-tenant retail building located in the high profi le Quail Springs shopping district of Oklahoma City, OK. The building sits on .86 acres, in front of Home Depot, and is occupied by Chipotle, Yogurtland and Heartland Dental. Pennsylvania Avenue is a main North/South thoroughfare with 25,000 vehicles per day. The center backs up the Quail Springs shopping mall, a 1,128,000 sf shopping center consisting of 130 tenants and four major department stores.
NGKF is pleased to offer to qualified investors this Kum & Go investment located just 1/2 mile of Broken Arrow Expressway, a major state highway running from TX to AR. The Subject is an approximate 4,176 SF freestanding retail building on 0.99 AC lot, guaranteed by corporate Kum & Go on an absolute triple-net (NNN) lease basis, with zero landlord responsibilities. The property features 5 dual pumps, canopy, 1,125 SF automatic car wash, air pump and Redbox.
Price reduced by $145k and commission raised to a full 6%, Glen Eagles Plaza is back on the market at a cap rate close to 8%. 100% leased retail center for sale. Less than 10 years old, Glen Eagles Plaza boasts a tenancy that includes a nice mix of regional and local tenants including Supercuts, Goodwill of Oklahoma, Compass Coffee, Odum Chiropractic, Glen Eagles Veterinarian, Fit and Fiesty women's gym, and more. 9 of 12 leases have more than 3 years remaining with upside in rents.
Former Family Dollar store. Solid growing Eastern Oklahoma town 17 miles from Ft. Smith, AR. In rapidly expanding natural gas production zone. 2 years remaining on original 10 year lease. Solid 10.4 CAP RATE (bite-sized exchange property). Family Dollar (FDO), NYSE listed, is Guarantor though the property is vacant due to corporate restructuring in their buyout by Dollar Tree. Assumable Bank of Oklahoma loan or all cash. Owner can work with most investor requirements. Call for details.`