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Burger King 300 S Mustang Rd 3,783 SF Retail Building Yukon, OK 73099 $2,231,343 CAD ($589.83 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Robust Demographics with Growing Population
- Excellent Frontage on S Mustang Rd
- Excellent Operator with Strong Presence in Market
- Strong Location Outside Oklahoma City
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Burger King located at 300 S Mustang Rd, Yukon, OK 73099. The site consists of roughly 3,783 rentable square feet of building space on an estimated 1.02-acre parcel of land. This Burger King is subject to a 20-year Triple Net (NNN) lease, which commenced 10/1/2014. The current annual rent is $99,956 and has scheduled increases of 5.00% every 5 years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,783 SF
Building Class
B
Year Built
2000
Price
$2,231,343 CAD
Price Per SF
$589.83 CAD
Cap Rate
6.25%
NOI
$139,459 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.02 AC
Zoning
Commercial
Parking
56 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
98’ on Mustang Rd
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 090093827 | Improvements Assessment | $162,460 CAD |
| Land Assessment | $60,945 CAD | Total Assessment | $223,405 CAD |
PROPERTY TAXES
Parcel Number
090093827
Land Assessment
$60,945 CAD
Improvements Assessment
$162,460 CAD
Total Assessment
$223,405 CAD
CONTACTS
-
Glen Kunofsky -
Alexandre Marietto -
Kyle Karsian -
John McHugh -
Christopher Marks -
Surmount
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Burger King | 300 S Mustang Rd
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