Business for Sale in Enid, OK

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Enid, OK 73703

Description

8.00% CAP RATE ABSOLUTE-NET LEASEHOLD INTEREST - Passive Leasehold Investment Structure With Zero Landlord Responsibilities; Tenant Responsible For All Operating Expenses Including Ground Rent REGIONAL RETAIL CORRIDOR ANCHORED BY NATIONAL TENANTS - Surrounding Retailers Include Walmart Supercenter, Lowe’s, Starbucks, Harbor Freight, Walgreens, T.J. Maxx, Homeland Grocery And Atwoods Ranch & Home LARGE 1.09-ACRE PARCEL WITH DRIVE-THRU CONFIGURATION | 2.5% ANNUAL RENT INCREASES - Lease Features Fixed Annual Rent Escalations Throughout The Remaining Primary Term And Throughout All Option Periods HIGH-VISIBILITY CORRIDOR (21,000 VPD) - Positioned On Enid’s Dominant Retail Thoroughfare With Direct Access To National Retailers, Restaurants, Hotels And Daily Commuter Traffic Freestanding 2,565 SF Restaurant Situated On 27,698 SF With Dedicated Parking, Drive-Thru Infrastructure And Multiple Points Of Ingress/ Egress VANCE AIR FORCE BASE ENID’S LARGEST ECONOMIC DRIVER - Vance AFB Supports Approximately 2,600 Military And Civilian Personnel And Generates An Estimated $739M Annual Economic Impact Across The Region Investment Highlights: • 8.00% CAP Rate | Absolute-Net Leasehold Interest • 2.5% Annual Rent Increases • High-Visibility Corridor (21,000 VPD) • Regional Retail Corridor Anchored By National Tenants • Large 1.09-Acre Parcel With Drive-Thru Configuration • Vance Air Force Base Enid's Largest Economic Driver

Market Context

This food service in Enid, OK is listed for sale. It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing food service assets. It has been on the market for 46 days. Compare it against other food service listings for sale in Enid, OK — <a href="/search/sale/other/oklahoma/enid">view the full market</a>.

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