1220 N Mississippi Ave | Ada, OK 74820
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- LoopNet Team
1220 N Mississippi Ave
Ada, OK 74820
Applebee's - Ada, OK · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 7+ Years Remaining on a Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Strong Guarantee From RMH Franchise Holdings - Currently Operating Over 130 Restaurants Across 14 States
- Strategically Located on N Mississippi Ave, the Main Throughfare Through Ada, Which Sees an Average of Over 13,000 Vehicles Per Day
- Annual Rent Increases Providing a Healthy Hedge Against Inflation
- Outstanding Unit Level Sales, Providing a Healthy Rent-to-Sales Ratio
- 3-Miles From East Central University - Enrollment of Over 4,000 Students
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,858 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.74 AC
Parking
94 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
411’ on N Mississippi Ave
AMENITIES
- Pylon Sign
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $90,066 | |
| Land Assessment | $183,745 | Total Assessment | $273,811 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$183,745
Improvements Assessment
$90,066
Total Assessment
$273,811
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