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Restaurant

burger king

6700 S I-35 Service Rd, Oklahoma City, OK 73149

Listing Price: $1,404,495

Cap Rate
5.25%
Tenant Name
Switchgrass Holdings, LLC
Years Remaining On Lease
21.8
Gross SF
2,903
Guarantor
Franchisee Guarantee
Rentable SF
2,903
Price/Gross SF
$483.81
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.40

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for the Burger King located at 6700 South I-35 Service Rd in Oklahoma City, OK.

Investment Highlights

  • Long Term Lease With 21.75 Years Remaining On Original 23-Year Lease
  • Four, Five-Year Tenant Renewal Option Periods
  • Attractive Rental Increases of 2.00% Annually Throughout Initial Term & Option Period
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (817) 932-6100

    License(s) OK: 181981

    Oklahoma

Listing Price: $1,404,495

Cap Rate
5.25%
Tenant Name
Switchgrass Holdings, LLC
Years Remaining On Lease
21.8
Gross SF
2,903
Guarantor
Franchisee Guarantee
Rentable SF
2,903
Price/Gross SF
$483.81
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.40

Investment Highlights

  • Long Term Lease With 21.75 Years Remaining On Original 23-Year Lease
  • Four, Five-Year Tenant Renewal Option Periods
  • Attractive Rental Increases of 2.00% Annually Throughout Initial Term & Option Period
  • Triple Net (NNN) Lease with Zero Landlord Responsibilities

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for the Burger King located at 6700 South I-35 Service Rd in Oklahoma City, OK.

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (817) 932-6100

    License(s): OK: 181981

    Oklahoma

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