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4125 W Owen K Garriott Rd
Enid, OK 73703

$1,355,000 USD

Restaurant For Sale  •  4,081 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 4,081 SF
  • Lot Size 1.08 AC
  • Building Class B
  • Year Built 2001
  • Tenancy Single
40 Walk Score

Highlights

Absolute NNN lease with zero landlord responsibilities and 1% annual rent increases
Recently extended 10-year lease with ±11.5 years remaining on base term
Attractive 8.59% cap rate and stable NOI of $116,400 annually
Located on a 1.08-acre lot along Enid’s main retail corridor with 21,000+ VPD

Amenities

  • Pylon Sign
  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
Nathan Roberto 214-295-8753 Matthews Real Estate Investment Services
Nathan Roberto 214-295-8753 Matthews Real Estate Investment Services