2132 Oklahoma Ave Woodward, OK 73801
- Retail properties
- 574 SF
Current Use by Public Records
- Scooter's Coffee / Coffee Shop
Property Details for 2132 Oklahoma Ave
- Property size
- 574 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a 574-square-foot, freestanding Scooter's Coffee location situated at 2132 Oklahoma Ave, Woodward, Oklahoma 73801. The property boasts a strong 6.04% cap rate, generating a net operating income (NOI) of $42,000 annually. This single-tenant, absolute NNN lease provides a secure investment with a 10-year term and built-in rent bumps of 10% increases. The property is a ground lease, offering additional long-term stability. The tenant, Scooter's Coffee, is a well-established and rapidly expanding national brand with over 800 locations across the United States, ensuring consistent revenue streams. The property's convenient location in Woodward, Woodward County, Oklahoma, further enhances its appeal. With its attractive financial metrics and established tenant, this property represents a compelling investment opportunity for discerning buyers seeking a stable, high-yield return. The asking price for this turnkey operation is $695,000. This is a rare chance to acquire a proven, successful QSR location in a growing market. Don't miss out on this exceptional investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Woodward
- County
- Woodward
- State
- Oklahoma
- Longitude
- -99.407
- Latitude
- 36.4338
