302 Jack Choate Ave Hennessey, OK 73742-9652

This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 302 E Jack Choate Ave, Hennessey, OK 73742. The property boasts excellent visibility and accessibility, situated on a 0.46-acre lot in Kingfisher County. Built in 1975, this 2,314 square foot building sits on one story and offers a strong, consistent income stream. The current tenant, Pizza Hut, holds a lease with 14.7 years remaining, providing long-term security for investors. The lease includes annual rent bumps of 1.50%, ensuring consistent growth in rental income. The property currently enjoys 100% occupancy, generating a substantial Net Operating Income (NOI) of $68,085, resulting in an attractive 7.00% cap rate. The asking price is $972,650, translating to a price per square foot of $420.33. This is a rare opportunity to acquire a well-established, passively managed investment property with a nationally recognized brand in a stable market. The property's strong financials, long-term lease, and prime location make it an ideal addition to any diversified investment portfolio. Don't miss this chance to secure a reliable and profitable investment.