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1102 S George Nigh Expy
Mcalester, OK 74501

$2,560,000 USD

Fast Food For Sale  •  3,520 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,520 SF
  • Lot Size 2 AC
  • Building Class C
  • Year Built 2013
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning C
0 Transit Score
23 Walk Score

Highlights

LONG-TERM LEASE: 18 yrs remain on 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 is an experienced multi-concept owner/ operator with 42 Freddy’s restaurants
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
2025 AFFLUENT DEMOGRAPHICS: Total Population (5MI): 21,165 | Average Household Income (1MI): $113,284

Property Flyers

Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Freddy's Frozen Custard

Amenities

  • Restaurant
  • Signage
  • Drive Thru
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 56
Type: Surface
Included in Rent: Yes
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC