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Bricktown Brewery - New 15 Yr Abs NNN 1000 NW 192nd St 5,485 SF Retail Building Edmond, OK 73012 $3,394,285 CAD ($618.83 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Brand New 15-Year Absolute Triple-Net (NNN) Corporate-Guaranteed Lease
- Bricktown Brewery Operates 21 Locations Across 5 States
- Households and Population Projected to Grow 4% in the Immediate Area by 2030
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- Dense Trade Area in the Oklahoma City MSA - 154,976 Residents within a 5-Mile Radius
- Affluent Demographics within 1-Mile - Average Household Income Exceeds $157,000
Executive Summary
Bricktown Brewery is a traditional American brew-pub, offering award-winning local beers and a full menu of shareables, burgers, sandwiches, pizzas, and sweets all prepared to the highest standard. Its uniquely-designed, spacious restaurants offer the perfect environment for guests to enjoy local beer and great food, all delivered by some of the best in-the-business servers and bartenders.
Edmond is a city in Oklahoma County, part of the Oklahoma City metropolitan area. It’s home to over 94,000 residents, making it the fifth-most populous city in Oklahoma.
Edmond is a city in Oklahoma County, part of the Oklahoma City metropolitan area. It’s home to over 94,000 residents, making it the fifth-most populous city in Oklahoma.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
5,485 SF
Building Class
B
Year Built
2016
Price
$3,394,285 CAD
Price Per SF
$618.83 CAD
Cap Rate
6.50%
NOI
$220,587 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.73 AC
Zoning
C-3
Frontage
288’ on East Danforth Road
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 143647100 | Improvements Assessment | $295,261 CAD |
| Land Assessment | $92,299 CAD | Total Assessment | $387,561 CAD |
Property Taxes
Parcel Number
143647100
Land Assessment
$92,299 CAD
Improvements Assessment
$295,261 CAD
Total Assessment
$387,561 CAD
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Bricktown Brewery - New 15 Yr Abs NNN | 1000 NW 192nd St
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