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Restaurant

Outback Steakhouse - Corporate Guarantee | 3.77% Rent to Sales Ratio

7206 NW Cache Rd, Lawton, OK 73505

Listing Price: $1,770,000

Cap Rate
6.00%
Tenant Name
Outback Steakhouse
Years Remaining On Lease
3.9
Guarantor
Corporate Guarantee
Rentable SF
6,171
Lease Type
Absolute Net
Rent Per Square Feet
$17.20

Investment Overview

--Corporate Guaranteed Lease

--Tenant is Operating at a Very Low Rent to Sales Ratio of 3.77%

--Prime Retail Location--

-Located on NW Cache Road with Traffic Counts Exceeding 14,000 Cars Per Day

-The Subject Property boasts an Expansive 1.98-Acre Lot, Providing Ample Space for 125 Parking Spots

-Within Close Proximity to Several Major Retailers such as Homeland, Ace Hardware, Whataburger, Freddy’s Frozen Custard, Dollar Tree, Target, T.J. Maxx, Walmart, Panda Express, and Many More

--Corporate Guarantee--

-Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market

-Outback Steakhouse has Over 1,300 Locations in 23 Countries

-Outback Steakhouse is a Subsidiary of Bloomin’ Brands Restaurant Group. Bloomin’ Brands Reported Over $4.4 Billion in Revenue

-Pride of Property Ownership Lawton, OK

-Located 4 Miles from Fort Sill, a 94,000-Acre Army Base Generating Nearly $2 Billion Annually and Supporting over 100,000 Military Personnel, Family Members, Civilians, Retirees and Contractors in the Lawton-Southwest Oklahoma Region. Fort Sill is the State’s Third-Largest Single Site Employer

-Located in Densely Populated Market with Over 66,380 Residents within 5 Miles

Average Household Income within 1 Mile Exceeds $77,713

Investment Highlights

  • Corporate Guaranteed Lease | Tenant is Operating at a Very Low Rent to Sales Ratio of 3.77%
  • Located on NW Cache Road with Traffic Counts Exceeding 14,000 Cars Per Day | The Subject Property boasts an Expansive 1.98-Acre Lot, Providing Ample Space for 125 Parking Spots
  • Located 4 Miles from Fort Sill, a 94,000-Acre Army Base Generating Nearly $2 Billion Annually and Supporting over 100,000 Military Personnel, Family Members, Civilians, Retirees and Contractors in the

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Restaurant

Outback Steakhouse - Corporate Guarantee | 3.77% Rent to Sales Ratio

Listing Price: $1,770,000

Cap Rate
6.00%
Tenant Name
Outback Steakhouse
Years Remaining On Lease
3.9
Guarantor
Corporate Guarantee
Rentable SF
6,171
Lease Type
Absolute Net
Rent Per Square Feet
$17.20

Investment Highlights

  • Corporate Guaranteed Lease | Tenant is Operating at a Very Low Rent to Sales Ratio of 3.77%
  • Located on NW Cache Road with Traffic Counts Exceeding 14,000 Cars Per Day | The Subject Property boasts an Expansive 1.98-Acre Lot, Providing Ample Space for 125 Parking Spots
  • Located 4 Miles from Fort Sill, a 94,000-Acre Army Base Generating Nearly $2 Billion Annually and Supporting over 100,000 Military Personnel, Family Members, Civilians, Retirees and Contractors in the

Investment Overview

--Corporate Guaranteed Lease --Tenant is Operating at a Very Low Rent to Sales Ratio of 3.77% --Prime Retail Location-- -Located on NW Cache Road with Traffic Counts Exceeding 14,000 Cars Per Day -The Subject Property boasts an Expansive 1.98-Acre Lot, Providing Ample Space for 125 Parking Spots -Within Close Proximity to Several Major Retailers such as Homeland, Ace Hardware, Whataburger, Freddy’s Frozen Custard, Dollar Tree, Target, T.J. Maxx, Walmart, Panda Express, and Many More --Corporate Guarantee-- -Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market -Outback Steakhouse has Over 1,300 Locations in 23 Countries -Outback Steakhouse is a Subsidiary of Bloomin’ Brands Restaurant Group. Bloomin’ Brands Reported Over $4.4 Billion in Revenue -Pride of Property Ownership Lawton, OK -Located 4 Miles from Fort Sill, a 94,000-Acre Army Base Generating Nearly $2 Billion Annually and Supporting over 100,000 Military Personnel, Family Members, Civilians, Retirees and Contractors in the Lawton-Southwest Oklahoma Region. Fort Sill is the State’s Third-Largest Single Site Employer -Located in Densely Populated Market with Over 66,380 Residents within 5 Miles Average Household Income within 1 Mile Exceeds $77,713

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s): OK: 149994

    Oklahoma

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