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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Oklahoma Blvd Alva, OK 73717

3,718 SF 1.03 ac lot Built 1979
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1979
Total area 3,718 SF
Lot 1.03 ac (44,867 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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