Log In/Sign Up
Your email has been sent.
Carl's Jr. 841 SW 89th St 2,536 SF Retail Building Oklahoma City, OK 73139 $2,655,971 CAD ($1,047.31 CAD/SF) 6.50% Cap Rate
Investment Highlights
- 12 Years Remaining on Absolute Triple-Net (NNN) Lease with Multi-Unit Franchisee (19 Carl's Jr. Locations)
- Densely-Populated Trade Area in Oklahoma City - 219,342 Residents within 5 Miles
- Easy Freeway Access, 1 Mile South of Interstate 240 and 2 Miles East/West of Interstates 44 and 35
- Upcoming Rent Increase on August 1, 2028
- Signalized Hard Corner Location, Easily Accessible by ±36,000 Cars per Day at the Intersection of SW 89th Street and South Western Avenue
- Surrounded by National Tenants: Dunkin', Planet Fitness, Arby's, Dollar General, and More
Executive Summary
Founded in 1941, Carl's Jr. is a West Coast favorite, known for its iconic charbroiled burgers. The chain has more than 1,100 locations across the U.S. and serves 28 countries worldwide.
Oklahoma City is the capital and largest city in the state of Oklahoma, ranking 22nd among U.S. cities in population with 681,054 residents. The Oklahoma City metropolitan area has a population of 1,396,445, and the Oklahoma City-Shawnee Combined Statistical Area has a population of 1,469,124 (Chamber of Commerce) residents, making it Oklahoma’s largest metropolitan area by population.
Oklahoma City is the capital and largest city in the state of Oklahoma, ranking 22nd among U.S. cities in population with 681,054 residents. The Oklahoma City metropolitan area has a population of 1,396,445, and the Oklahoma City-Shawnee Combined Statistical Area has a population of 1,469,124 (Chamber of Commerce) residents, making it Oklahoma’s largest metropolitan area by population.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,536 SF
Building Class
B
Year Built/Renovated
1979/2014
Price
$2,655,971 CAD
Price Per SF
$1,047.31 CAD
Cap Rate
6.50%
NOI
$172,574 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.00 AC
Zoning
C-3
Parking
45 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 140091000 | Improvements Assessment | $91,564 CAD |
| Land Assessment | $43,423 CAD | Total Assessment | $134,988 CAD |
Property Taxes
Parcel Number
140091000
Land Assessment
$43,423 CAD
Improvements Assessment
$91,564 CAD
Total Assessment
$134,988 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Carl's Jr. | 841 SW 89th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.