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Wendys 705 S MacArthur Blvd 3,218 SF Retail Building Oklahoma City, OK 73128 $3,350,810 CAD ($1,041.27 CAD/SF) 5.65% Cap Rate



INVESTMENT HIGHLIGHTS
- Absolute Triple-Net (NNN) Lease | Zero (0) Landlord Responsibilities
- Rental Increases Of The Lesser of Change In CPI Or 1.25% Annually | Hedge Against Inflation
- Original Long-Term Twenty (20)-Year Lease | Approximately 15.1 Years Remaining | Six (6), Five (5)-Year Options
- Original 2019 Build-To-Suit Construction
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Wendy's located at 705 S MacArthur Blvd, Oklahoma City, OK 73128. The site consists of roughly 3,218 rentable square feet of building space on an estimated 1.00-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease, which commenced 12/21/2019. The current annual rent is $136,203 and has scheduled increases of lesser of change in cpi or 1.25% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,218 SF
Building Class
C
Year Built
2019
Price
$3,350,810 CAD
Price Per SF
$1,041.27 CAD
Cap Rate
5.65%
NOI
$189,321 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.00 AC
Zoning
I-2
Frontage
365’ on South Macarthur Boulevard
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 141991015 | Improvements Assessment | $109,410 CAD |
| Land Assessment | $61,080 CAD | Total Assessment | $170,491 CAD |
PROPERTY TAXES
Parcel Number
141991015
Land Assessment
$61,080 CAD
Improvements Assessment
$109,410 CAD
Total Assessment
$170,491 CAD
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Wendys | 705 S MacArthur Blvd
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