Absolute NNN KFC with
206 N WILSON AVE Sand Springs, OK 74063
206 N WILSON AVE, Sand Springs, OK, 74063
Contact for pricing
For Sale
Contact for pricing
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$272.74
Days on Market55
Property Features for 206 N WILSON AVE
General Information
- Standard status
- Active
- Size
- 3,498 SF
- Lot size
- 0.43 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1979
Listing agency
ALIVE Commercial Real Estate
Listed by
Patrick Follett · License #CA 01796180
Source
Crexi
Added: May 28 Updated: Jul 21 at 12:59AM Checked: Jul 21 at 9:21AM
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
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)
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.0k | $18.00 |
| − Vacancy | −$1.9k | −$0.54 |
| EGI | $61.1k | $17.46 |
| − OpEx | −$15.3k | −$4.37 |
| NOI | $45.8k | $13.10 |
3,498 SF · lease $18.00/SF/yr · vacancy 3.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$654.4K
$572.6K – $763.4K
NOI $45,806 @ 7.0% cap · market cap 4.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$788.4K
$689.8K – $919.8K
NOI $55,185 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Drive through restaurants
Similar For Sale Nearby
FAQs
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 $954,062.
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)
