Property profile

3200 Okmulgee Ave Muskogee, OK 74401

OFF-MARKET
Retail properties & Spaces
2,304 SF Built 2017
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Property summary

AI-generated overview

This fee-simple, 2,304-square-foot Taco Bell in Muskogee, Oklahoma, presents a compelling investment opportunity. Located at 3200 W Okmulgee Ave, 74401, this property boasts a strong 5.75% cap rate and a substantial net operating income (NOI) of $101,852. The absolute NNN lease with K-MAC Enterprises, a well-established franchisee with over 340 units across 10 states, has over 12 years remaining, featuring 1% annual rent increases and 4-5 year lease options. The property benefits from a hard signalized corner location on a high-traffic road (approximately 126,600 vehicles daily), ensuring excellent visibility and accessibility. Built in 2017, this strategically located site is surrounded by other national brands like McDonald's and Walgreens, further enhancing its appeal. Muskogee's diverse economy, encompassing healthcare, education, and manufacturing, contributes to the property's long-term growth potential. The asking price is $1,771,399, translating to $590 per square foot. This is a truly passive income investment with no landlord responsibilities, offering a secure and profitable return. The property is 100% occupied.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2017
Total area 2,304 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

3200 Okmulgee Ave Muskogee, OK 74401
Muskogee metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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