0 Oklahoma Blvd Alva, OK 73717
This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located in Alva, Oklahoma. Situated on a 1.03-acre lot at 3718 square feet, this property boasts a strong location on I-64, benefiting from high visibility and traffic. The building, constructed in 1979, is currently 100% occupied by a franchisee tenant under a lease with 14.7 years remaining. The lease includes attractive 1.50% annual rent increases, ensuring consistent income growth. The property offers a compelling cap rate of 6.25% with a current Net Operating Income (NOI) of $109,478 and an asking price of $1,752,000 ($471.22 per square foot). This is a rare chance to acquire a stable, high-performing asset in a desirable location with the potential for lease extension. The property's strong national credit tenant and long-term lease provide significant security and predictable cash flow. This is an ideal addition to any diversified investment portfolio seeking consistent returns and long-term growth potential. The property is categorized as QSR/Fast Food and Restaurant. The single-story building is situated in Woods County, Oklahoma, with the address being E Oklahoma Blvd, Alva, OK 73717.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.