1127 S 4Th St Chickasha, OK 73018
- Commercial land
- 2,418 SF
- 1.14 lot acres
Current Use by Public Records
- HTeaO - Chickasha / (Bike/Boat/Book/etc) Store / Specialty Food Shop
Property Details for 1127 S 4Th St
- Year built
- 1974
- Lot size
- 1.14 lot acres
- Property size
- 2,418 SF
- Property type
- Commercial land
- APN
- C001-00-228-005-0-000-00
- APU
- C00100228005000000
Description
This exceptional investment opportunity features a brand-new, 2,547 square foot HTeaO quick-service restaurant with a dual drive-thru. Located on a 0.57-acre lot at a signalized hard corner in Chickasha, Oklahoma (1127 S 4th St, 73018), this Class A property boasts excellent visibility and accessibility along a major retail corridor with over 21,000 vehicles daily. The 15.4-year absolute NNN lease with the largest HTeaO franchisee includes 1.5% annual rent bumps and CPI adjustments in the options, ensuring a stable and appreciating asset. The property benefits from its proximity to numerous national retailers (Walmart, Tractor Supply, etc.), schools (University of Science and Arts of Oklahoma, Chickasha High School), Grady Memorial Hospital, the Grady County Fairgrounds, and the Chickasha Sports Complex, creating a strong customer base. The property generated a NOI of $120,000 in 2024, resulting in a 6.25% cap rate. The asking price is $1,920,000. This is a rare opportunity to acquire a high-performing, established brand in a thriving market.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $555,000
- ML approach
- $550,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $490,000
- 6.5%
- $450,000
- 7%
- $420,000
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Location Insight
- Map
- Local Demand
- City
- Chickasha
- County
- Grady
- State
- Oklahoma
- Longitude
- -97.9364
- Latitude
- 35.0394
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
