Absolute NNN KFC with
For Sale
$950,000
206 N Wilson Ave, Sand Springs, OK 74063
Absolute NNN KFC on a 0.43-acre parcel with a drive-thru at a signalized intersection.
Property Size3,498 SF
Lot Size0.43 Acres
Price / SF$271.58
Days on Market144
Property Features for 206 N Wilson Ave
General Information
Standard status
Active
Size
3,498 SF
Lot size
0.43 Acres
Property subtype
Retail - Freestanding
Occupancy
100%
Site & Location
Traffic Count
14,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
6%
Building Details
Building Size
3,498 SF
Year Built
1979
Year Renovated
1995
Tenancy
Single
Listing Agency:
ALIVE Commercial Real Estate
Listed By:
Patrick Follett · License #01796180
(916) 871-2269
Source:
Commercialcafe
Added: Jun 1
Changed: Oct 8
Last Checked: Oct 20 at 5:17PM
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 ALIVE Commercial Real Estate
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Investment Insights
Based on property information with market context.
This Absolute NNN KFC with drive-thru is offered for sale at 206 N Wilson Ave, Sand Springs, OK. Public records indicate a 3,498 SF building on a 0.43-acre parcel. The current ownership purchased the property in 2018 as part of a 15-year sale-leaseback and there is just over 7 years remaining on the primary lease term, followed by two additional 5-year options.
The lease was assigned in 2021 to Silver Chicken Food Group, a franchisee owned by MBN Brands. A scheduled 7.5% rental increase is set to take place in July 2028, and rental increases also apply during the option periods should the tenant elect to extend the lease. The KFC is located at a signalized intersection with exposure to 14K+ vehicles per day, per CoStar.
The property sits just north of the Sand Springs Expressway in a retail area with tenants including Walmart, CVS, O’Reilly Auto Parts, Advance Auto Parts, ALDI, and Planet Fitness, along with other retailers. For additional details, please contact Patrick Follett directly at 916.871.2269.
The lease was assigned in 2021 to Silver Chicken Food Group, a franchisee owned by MBN Brands. A scheduled 7.5% rental increase is set to take place in July 2028, and rental increases also apply during the option periods should the tenant elect to extend the lease. The KFC is located at a signalized intersection with exposure to 14K+ vehicles per day, per CoStar.
The property sits just north of the Sand Springs Expressway in a retail area with tenants including Walmart, CVS, O’Reilly Auto Parts, Advance Auto Parts, ALDI, and Planet Fitness, along with other retailers. For additional details, please contact Patrick Follett directly at 916.871.2269.
Key Highlights
- Absolute NNN KFC with drive‑thru located in Sand Springs, OK
- 3,498 SF building on a 0.43‑acre parcel
- Signalized intersection location with exposure to 14K+ vehicles per day (per CoStar)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,806
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$916,120
$916.1K
Cap Rate 7%
$654,371
$654.4K
Cap Rate 9%
$508,956
$509.0K
Market Conditions
NOI Build-Up for 3,498 SF
Gross rent
$63.0K $18.00/SF
− Vacancy
−$1.9K −$0.54/SF
EGI
$61.1K $17.46/SF
− OpEx
−$15.3K −$4.37/SF
NOI
$45.8K $13.10/SF
Area
Tulsa County, OK
Vacancy
3.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$916,120
Cap Rate 7%
$654,371
Cap Rate 9%
$508,956
Alternative Uses
Best Use
Specialty Retail
$654.4K
$572.6K – $763.4K
NOI $45,806 @ 7.0% cap · market cap 4.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$788.4K
$689.8K – $919.8K
NOI $55,185 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
14,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
724
Businesses Nearby
Explore this area
Business Placement
Demographics for 74063, OK
30,630
Population
12,823
Households
2.4
Avg Household Size
42
Median Age
24%
College-Educated
91%
High-School Grad
129.8 sq mi
ZIP Area
236
Density / Sq Mi
$71,569
Median Household Income
$41,815
Median Earnings
$989
Median Rent
$187,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Absolute NNN KFC on a 0.43-acre parcel with a drive-thru at a signalized intersection.
Where is this drive through restaurant located?
The property is located at 206 N Wilson Ave Sand Springs, OK.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Absolute NNN KFC with drive‑thru located in Sand Springs, OK; 3,498 SF building on a 0.43‑acre parcel; Signalized intersection location with exposure to 14K+ vehicles per day (per CoStar)
