1000 W Covell Rd | Edmond, OK 73003
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- LoopNet Team
1000 W Covell Rd
Edmond, OK 73003
PEPPERONI GRILL – EDMOND, OK · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- BRAND NEW 15-YEAR ABSOLUTE NNN LEASE: Brand new 15-year Absolute NNN lease with attractive 10% rental escalations every 5 years
- SEASONED LOCATION | HIGH SALES VOLUME: Successfully open and operating since 2014 with an attractive 6.79% Rent to Sales Ratio (YE 2024)!
- 2024 AFFLUENT DEMOGRAPHICS: Total Population (5MI): 142,791 | Average Household Income (1MI): $146,853
- GUARANTOR: PG EDM Holdings, LLC owns & operates 3 locations in the Oklahoma City metro area. QS Culinary (operator) own & operates over 85 restaurants
- TRAFFIC COUNTS: Pad site to Lowe’s Home Improvement - prime ±0.735-acre parcel located just off a signalized hard corner where traffic exceeds 26,400!
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,555 SF
Building Class
B
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.74 AC
Zoning
C
Parking
15 Spaces (2.67 Spaces per 1,000 SF Leased)
Frontage
273’ on West Covell Road
AMENITIES
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 209771020 | Improvements Assessment | $101,790 |
| Land Assessment | $46,846 | Total Assessment | $148,636 |
PROPERTY TAXES
Parcel Number
209771020
Land Assessment
$46,846
Improvements Assessment
$101,790
Total Assessment
$148,636
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