511 Clarence Nash Blvd Watonga, OK 73772-4847

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.