List Search

1202 N Main St
Fairview, OK 73737

$1,110,146 USD

Restaurant For Sale  •  2,654 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 2,654 SF
  • Lot Size 0.58 AC
  • Building Class C
  • Year Built 1980
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning C1
30 Walk Score

Highlights

~13 years remaining on a Triple Net (NNN) Lease with zero landlord responsibilities.
1.5% annual rent increases, providing a healthy hedge against inflation and steady rent growth.
Backed by Yum! Brands, Pizza Hut demonstrates stable revenue streams from its franchise model, with consistent systemwide sales.
With more than 19,000 locations in over 100 countries, Pizza Hut maintains a dominant presence in the QSR sector.
Grand Mere Restaurant Group (GMRG) is a leading multi-unit restaurant operator with a growing portfolio of branded quick-service.
Strategically located on N Main St, the main thoroughfare through Fairview. N Main St sees over 5,300 VPD.
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Pizza Hut 2,654 SF 1/31/2039

Amenities

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Jordan Mulloy 512-768-0380 Sands Investment Group Austin, LLC
Jordan Mulloy 512-768-0380 Sands Investment Group Austin, LLC