Property summary
This exceptional investment opportunity presents a 3,123 square foot Freddy's restaurant located at 1051 Westside Dr, Durant, OK 74701. The property sits on a one-acre lot with excellent visibility and access on Westside Drive, just west of US-75, boasting traffic counts exceeding 30,500 cars per day. The property features a single-story building constructed in 2018, operating under a 20-year Absolute NNN lease with 19 years remaining. The lease includes attractive 7% rent bumps every five… years and two five-year renewal options, ensuring long-term stability. The tenant, Ram-Z Custard, LLC, is a significant franchisee, operating 33 Freddy's locations (7th largest in the US) and 34 Schlotzsky's locations (largest in the US). This financially strong tenant provides a high degree of confidence in lease performance. The property's Net Operating Income (NOI) is $130,000, resulting in a 6.75% cap rate. The asking price is $1,926,000. The property is zoned C and benefits from a prime location near major retailers, including Walmart, Lowe's, and numerous dining establishments. Its proximity to Southern Oklahoma State University and AllianceHealth Durant further enhances its desirability. This is a fee-simple ownership opportunity (building and land). The property's strong tenant, favorable lease terms, and strategic location make it an ideal addition to any investment portfolio.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,116 SF
- Year built
- 2018
- Stories
- 1
- APN
- A098-00-000-00C-0-000-00
- Assessed value · 2023
- $109,894
- Annual tax · 2023
- $10,367
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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