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Restaurant

HTeaO w/ Dual Dr-Thru - Growing & Popular QSR Brand | Oklahoma City | 15 Yr NNN

500 S Mustang Rd, Oklahoma City, OK 73099

Listing Price: $2,098,485

Cap Rate
6.60%
Tenant Name
HTeaO
Years Remaining On Lease
15.0
Gross SF
2,527
Guarantor
Franchisee Guarantee
Rentable SF
2,527
Price/Gross SF
$830.43
Lease Type
Absolute Net
Rent Per Square Feet
$54.81

Investment Overview

Oklahoma City, officially the City of Oklahoma City, and often shortened to OKC, is the capital and largest city of the U.S. state of Oklahoma. The county seat of Oklahoma County, it ranks 22nd among United States cities in population, and is the 11th largest city in the Southern United States. The population grew following the 2010 census and reached 681,054 in the 2020 census. The Oklahoma City metropolitan area had a population of 1,396,445, and the Oklahoma City–Shawnee Combined Statistical Area had a population of 1,469,124, making it Oklahoma’s largest municipality and metropolitan area by population. Oklahoma City’s city limits extend somewhat into Canadian, Cleveland, and Pottawatomie counties, though much of those areas outside the core Oklahoma County area are suburban tracts or protected rural zones (watershed). The city is the eighth-largest in the United States by area including consolidated city-counties; it is the second-largest, after Houston, not including consolidated cities. The city is also the second largest by area among state capital cities in the United States, after Juneau, Alaska.

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Annual Increases at the Start of Year 3 throughout the Initial Term and CPI Adjustments in the Options. Brand New 2022 Construction.
  • Positioned Along Area's Traffic & Retail Corridor. Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 18k Vehicles. Immediate Access to/from I-40 (65k+ VPD).
  • Near Numerous Established Business Parks, Regional Office Spaces, Distribution Centers, Industrial and Manufacturing Plants. Large Base of Employees within Walking Distance or a Short Drive.
  • A Short Drive from INTEGRIS Health Canadian Valley Hospital - a 75-Bed Acute Care Hospital featuring Medical Surgical Units, Women's Center, Intermediate Care Units, Intensive Care Units, ER and Surgical Suites.
  • Surrounded by Numerous National Retailers including Target, Lowe's, Walmart Supercenter, Sprouts, Hobby Lobby, Big Lots, Staples, Kohl's, ALDI, Walgreens and many more.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $87k within a 3-Mile Radius and over 109k People Residing within a 5-Mile Radius. Yukon has grown 16.9% since 2000.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
  • Minutes from Downtown Oklahoma City - Home to Paycom Center (Oklahoma City's Thunder NBA Team), Variety of Museums, Theaters, Music Venues, & Restaurants, Providing Residents and Visitors with a Wide Range of Activities to Enjoy.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s) OK: 206118

    Oklahoma

Financing By

Restaurant

HTeaO w/ Dual Dr-Thru - Growing & Popular QSR Brand | Oklahoma City | 15 Yr NNN

Listing Price: $2,098,485

Cap Rate
6.60%
Tenant Name
HTeaO
Years Remaining On Lease
15.0
Gross SF
2,527
Guarantor
Franchisee Guarantee
Rentable SF
2,527
Price/Gross SF
$830.43
Lease Type
Absolute Net
Rent Per Square Feet
$54.81

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Obligations) Featuring Annual Increases at the Start of Year 3 throughout the Initial Term and CPI Adjustments in the Options. Brand New 2022 Construction.
  • Positioned Along Area's Traffic & Retail Corridor. Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 18k Vehicles. Immediate Access to/from I-40 (65k+ VPD).
  • Near Numerous Established Business Parks, Regional Office Spaces, Distribution Centers, Industrial and Manufacturing Plants. Large Base of Employees within Walking Distance or a Short Drive.
  • A Short Drive from INTEGRIS Health Canadian Valley Hospital - a 75-Bed Acute Care Hospital featuring Medical Surgical Units, Women's Center, Intermediate Care Units, Intensive Care Units, ER and Surgical Suites.
  • Surrounded by Numerous National Retailers including Target, Lowe's, Walmart Supercenter, Sprouts, Hobby Lobby, Big Lots, Staples, Kohl's, ALDI, Walgreens and many more.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $87k within a 3-Mile Radius and over 109k People Residing within a 5-Mile Radius. Yukon has grown 16.9% since 2000.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
  • Minutes from Downtown Oklahoma City - Home to Paycom Center (Oklahoma City's Thunder NBA Team), Variety of Museums, Theaters, Music Venues, & Restaurants, Providing Residents and Visitors with a Wide Range of Activities to Enjoy.

Investment Overview

Oklahoma City, officially the City of Oklahoma City, and often shortened to OKC, is the capital and largest city of the U.S. state of Oklahoma. The county seat of Oklahoma County, it ranks 22nd among United States cities in population, and is the 11th largest city in the Southern United States. The population grew following the 2010 census and reached 681,054 in the 2020 census. The Oklahoma City metropolitan area had a population of 1,396,445, and the Oklahoma City–Shawnee Combined Statistical Area had a population of 1,469,124, making it Oklahoma’s largest municipality and metropolitan area by population. Oklahoma City’s city limits extend somewhat into Canadian, Cleveland, and Pottawatomie counties, though much of those areas outside the core Oklahoma County area are suburban tracts or protected rural zones (watershed). The city is the eighth-largest in the United States by area including consolidated city-counties; it is the second-largest, after Houston, not including consolidated cities. The city is also the second largest by area among state capital cities in the United States, after Juneau, Alaska.

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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