Single-Tenant Quick-Service
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For Sale
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1505 W Owen K Garriott Rd, Enid, OK 73703
2020 build-to-suit facility secured by an absolute net lease to a Wendy’s franchisee.
Property Size2,595 SF
Price / SF$777.58
Days on Market6
Property Features for 1505 W Owen K Garriott Rd
General Information
Standard status
Active
Size
2,595 SF
Property subtype
RETAIL
Listing Agency:
Plains Commercial Real Estate
(405) 445-5799
Listed By:
Ryan Storer · License #154435
(405) 445-5799
Source:
Moodyscre
Added: Aug 26
Changed: Aug 29
Last Checked: Aug 31 at 2:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Plains Commercial Real Estate
Investment Insights
Based on property information with market context.
This 2595-square-foot quick-service restaurant was developed as a 2020 build-to-suit project and is leased to a single tenant under an Absolute Net Lease. The tenant is affiliated with the Meritage Group, identified as the nation’s largest Wendy’s franchisee. The property occupies a 1.30-acre pad site in Enid, Oklahoma.
Located along Highway 412, the site records 23,000 VPD 2023 and serves a five-mile population of 52,780. Adjacent commercial users include McAlister’s Deli, CVS, and Walgreens, creating a multi-tenant retail setting along the corridor.
Located along Highway 412, the site records 23,000 VPD 2023 and serves a five-mile population of 52,780. Adjacent commercial users include McAlister’s Deli, CVS, and Walgreens, creating a multi-tenant retail setting along the corridor.
Key Highlights
- 2595‑square‑foot single‑tenant quick‑service restaurant
- 2020 build‑to‑suit construction
- Absolute Net Lease to a Wendy’s franchisee affiliated with the Meritage Group
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
752
Businesses Nearby
123k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 86%
Shops & Services 14%
Electronics 1%
McDonald's
Dining
25,792 visits/mo
0.5 miles
Taco Bell
Dining
19,962 visits/mo
0.4 miles
Hideaway Pizza
Dining
15,199 visits/mo
0.5 miles
McAlister's Deli
Dining
13,888 visits/mo
0.1 miles
Wendy's
Dining
10,167 visits/mo
0.0 miles
Demographics for 73703, OK
30,376
Population
13,610
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
93%
High-School Grad
114.1 sq mi
ZIP Area
266
Density / Sq Mi
$74,202
Median Household Income
$41,860
Median Earnings
$1,039
Median Rent
$191,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - 2020 build-to-suit facility secured by an absolute net lease to a Wendy’s franchisee.
Where is this conventional restaurant located?
The property is located at 1505 W Owen K Garriott Rd Enid, OK.
What is the asking price?
The asking price for this property is $2,017,808.
What are key features of this property?
This property features: 2595‑square‑foot single‑tenant quick‑service restaurant; 2020 build‑to‑suit construction; Absolute Net Lease to a Wendy’s franchisee affiliated with the Meritage Group
