Popeyes Leasehold Opportunity For
4015 W OWEN K GARRIOTT RD Enid, OK 73703
For Sale
Contact for pricing
Popeyes leasehold opportunity in regional retail hub near Vance AFB.
Property Size2,565 SF
Price / SF$238.79
Days on Market73
Property Features for 4015 W OWEN K GARRIOTT RD
General Information
Standard status
Active
Size
2,565 SF
Property subtype
Retail
Building Details
Year Built
2017
Listing Agency:
Marcus & Millichap - Oklahoma City
Listed By:
Tim Speck · License #149994
Source:
Crexi
Added: May 18
Changed: Jul 10
Last Checked: Jul 29 at 3:33AM
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 Marcus & Millichap - Oklahoma City
Investment Insights
Based on property information with market context.
This property presents an absolute net Popeyes leasehold opportunity. The site is located within a regional retail hub near Vance Air Force Base. The property size is 2565 square feet.
Key Highlights
- Absolute net Popeyes leasehold opportunity
- Regional retail hub location
- Near Vance AFB
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 | $36.9k | $14.40 |
| − Vacancy | −$1.6k | −$0.60 |
| EGI | $35.4k | $13.80 |
| − OpEx | −$8.8k | −$3.45 |
| NOI | $26.5k | $10.35 |
2,565 SF · lease $14.40/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$379.1K
$331.7K – $442.3K
NOI $26,539 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$706.4K
$618.1K – $824.1K
NOI $49,447 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Popeyes leasehold opportunity in regional retail hub near Vance AFB.
Where is this drive through restaurant located?
The property is located at 4015 W OWEN K GARRIOTT RD Enid, OK.
What is the asking price?
The asking price for this property is $612,500.
What are key features of this property?
This property features: Absolute net Popeyes leasehold opportunity; Regional retail hub location; Near Vance AFB
