1505 W Owen K Garriott Rd | Enid, OK 73703
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- LoopNet Team
1505 W Owen K Garriott Rd
Enid, OK 73703
WENDYS · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease – Tenant is responsible for all expenses providing an investor with passive income for the next 15 years
- Attractive Annual Rental Increases – The lease is subject to CPI or 1.25% annual increases throughout the base term and option periods
- Strong Traffic – The property sits directly off the intersection of Owen K Garriott Road and Van Buren Street
- Experienced Operator – Meritage Hospitality Group is the largest Wendy’s operator with 375+ locations nationwide ensuring financial stability
- New Prototype Construction – Built in 2020, this Wendy’s location showcases the brand’s latest prototype design
- Synergistic Local Retail – The subject property is surrounded by prominent national retailers including Ross, Hobby Lobby, Starbucks
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,595 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.30 AC
Zoning
C-3 - Community Commercial District
Parking
29 Spaces (1.16 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 0000-13-22N-07W-1-313-00 | Improvements Assessment | $58,221 |
| Land Assessment | $69,944 | Total Assessment | $128,165 |
PROPERTY TAXES
Parcel Number
0000-13-22N-07W-1-313-00
Land Assessment
$69,944
Improvements Assessment
$58,221
Total Assessment
$128,165
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