1408 South Mustang Road
Oklahoma City, OK
Price:
$2,478,000
Cap Rate:
5.75%
NOI:
$142,500
Building Size:
Approx. 2,191 Sq. Ft.
Lot Size:
Approx. 0.847 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2023
Investment Overview
- 2023 Construction. 2,191+/- SF Building on 0.847+/- Acre Site
- Double Drive-Thru Site w/ 9+ Yrs. Remaining on a 10-Yr. Net Lease w/ 10% Rent Bumps in Primary Term & 9% in Options
- Adjacent to Mustang Creek Crossing, the Largest Mixed-Use Development in Oklahoma (260 Acres)
- Outstanding Demographics w/ a 5-Mile Population Over 118,000 and Average HH Income Over $90,000
- Dense Trade Area w/ Surrounding Tenants of 7-Eleven, Wendy’s O’Reilly, OnCue, & More
- Starbucks is the Largest Specialty Coffee Retailer in the World w/ Over $32.3B in Revenue Across 35,000 Stores Globally
- Oklahoma City | The Largest City in Oklahoma | Population: 649,410+
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