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Restaurant

Popeyes - Near Oklahoma State University (33,500+ Students)

310 N Perkins Rd, Stillwater, OK 85087

Listing Price: $2,900,000

Cap Rate
5.75%
Tenant Name
Popeyes
Guarantor
Franchisee Guarantee
Rentable SF
3,899
Lease Type
Absolute Net
Rent Per Square Feet
$42.77

Investment Overview

Conveniently nestled less than a mile away from Oklahoma State University, this property benefits from a strategic location along the bustling North Perkins Road, flanked by the university campus and residential neighborhoods. With a strong daily traffic volume exceeding 19,000 vehicles, its adjacency to East Hall of Fame Avenue provides direct access to the famed Boone Pickens Stadium, capable of hosting up to 53,855 fans on game days. What further enhances the appeal of this property is its brand new 25-year absolute-net lease with zero-landlord responsibilities. Surrounded by an array of major retailers including Walmart, Hobby Lobby, Big Lots, TJ Maxx, Raising Canes, Chick-fil-A, and Chipotle to name a few. Adding to its allure, within a mere 1.5-mile radius, Stillwater High School and Stillwater Junior High School serve a combined student populace of over 2,150, cementing this property's place as an integral hub in the heart of Stillwater's educational and retail landscape.

Investment Highlights

  • Proximity to Oklahoma State University: Located Less than a Mile away from Oklahoma State University, this Property is Conveniently Situated near the Bustling Campus, which Boasts Over 33,500 Students
  • Prime Retail Location on North Perkins Road: Positioned Along the Prominent Retail Corridor of North Perkins Road, this Property sits Between Oklahoma State University and Residential Areas.
  • Adjacent to East Hall of Fame Avenue: Just North of Popeye's, this Property is Also Connected to East Hall Of Fame Avenue, Which Leads Directly to the Campus and Boone Pickens Stadium.
  • Brand New 25-Year Absolute-Net Lease: Starting at the Close of Escrow, this Property Offers a Zero-Landlord Responsibility Lease.
  • Surrounded by Major Retailers: Situated Amidst Big-Box Retailers Such as Walmart, Hobby Lobby, Big Lots, HomeGoods, TJ Maxx, Old Navy, Raising Cane's, Chick-fil-A, Chipotle, and Starbucks, this Location Offers Convenience and Visibility.
  • Close to Stillwater High School and Stillwater Junior High School: Within a 1.5-mile Radius, You'll Find Stillwater High School and Stillwater Junior High School, Serving a Combined Student Population of 2,150+.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s) OK: 206118

    Oklahoma

Financing By

Restaurant

Popeyes - Near Oklahoma State University (33,500+ Students)

Listing Price: $2,900,000

Cap Rate
5.75%
Tenant Name
Popeyes
Guarantor
Franchisee Guarantee
Rentable SF
3,899
Lease Type
Absolute Net
Rent Per Square Feet
$42.77

Investment Highlights

  • Proximity to Oklahoma State University: Located Less than a Mile away from Oklahoma State University, this Property is Conveniently Situated near the Bustling Campus, which Boasts Over 33,500 Students
  • Prime Retail Location on North Perkins Road: Positioned Along the Prominent Retail Corridor of North Perkins Road, this Property sits Between Oklahoma State University and Residential Areas.
  • Adjacent to East Hall of Fame Avenue: Just North of Popeye's, this Property is Also Connected to East Hall Of Fame Avenue, Which Leads Directly to the Campus and Boone Pickens Stadium.
  • Brand New 25-Year Absolute-Net Lease: Starting at the Close of Escrow, this Property Offers a Zero-Landlord Responsibility Lease.
  • Surrounded by Major Retailers: Situated Amidst Big-Box Retailers Such as Walmart, Hobby Lobby, Big Lots, HomeGoods, TJ Maxx, Old Navy, Raising Cane's, Chick-fil-A, Chipotle, and Starbucks, this Location Offers Convenience and Visibility.
  • Close to Stillwater High School and Stillwater Junior High School: Within a 1.5-mile Radius, You'll Find Stillwater High School and Stillwater Junior High School, Serving a Combined Student Population of 2,150+.

Investment Overview

Conveniently nestled less than a mile away from Oklahoma State University, this property benefits from a strategic location along the bustling North Perkins Road, flanked by the university campus and residential neighborhoods. With a strong daily traffic volume exceeding 19,000 vehicles, its adjacency to East Hall of Fame Avenue provides direct access to the famed Boone Pickens Stadium, capable of hosting up to 53,855 fans on game days. What further enhances the appeal of this property is its brand new 25-year absolute-net lease with zero-landlord responsibilities. Surrounded by an array of major retailers including Walmart, Hobby Lobby, Big Lots, TJ Maxx, Raising Canes, Chick-fil-A, and Chipotle to name a few. Adding to its allure, within a mere 1.5-mile radius, Stillwater High School and Stillwater Junior High School serve a combined student populace of over 2,150, cementing this property's place as an integral hub in the heart of Stillwater's educational and retail landscape.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s): OK: 206118

    Oklahoma

Financing By

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