Property summary
This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 511 S Clarence Nash Blvd, Watonga, OK 73772. The property boasts a strong location on US-281, a high-traffic corridor, and enjoys adjacency to a hotel, ensuring consistent customer flow. Built in 1981 and renovated in 2005, this 2,309 square foot building sits on a 0.45-acre lot. The current lease features a highly desirable absolute NNN structure with a remaining term of 14.7 years and… built-in annual rent increases of 1.5%. The property offers a compelling 7.00% cap rate, generating a substantial net operating income (NOI) of $87,758 annually. The asking price is $1,254,000, translating to a price per square foot of $543.09. With 100% occupancy and a national credit tenant, this investment provides exceptional stability and potential for long-term growth. Lease options to extend are also available. This is a rare opportunity to acquire a well-established, high-performing commercial property in a prime location.
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
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
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 · 12 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,276 SF
- Lot area
- 0.48 ac
- Year built
- 1981
- Stories
- 1
- APN
- 0210-30-016-011-0-002-15
- Assessed value · 2023
- $12,912
- Annual tax · 2023
- $1,255
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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- Full Property Data
- Historical Records
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- Alternative use
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