Pizza Hut 218 Heather Rd 2,750 SF Retail Building Guthrie, OK 73044 $1,830,000 ($665.45/SF) 7% Cap Rate

EXECUTIVE SUMMARY

Passive Investment, Absolute NNN Lease
Tenant pays for Taxes, Insurance & CAM
Over 20 years of operating history at the subject property
Strategically located between Interstate 35 and State Hwy. 33 with outstanding visibility
Annual sales reporting required per the lease contract
Tenant Exercised their 5-year option early showing strength of location

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
2,750 SF
Building Class
C
Year Built/Renovated
2004/2021
Price
$1,830,000
Price Per SF
$665.45
Cap Rate
7%
NOI
$128,100
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.65 AC
Parking
60 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
276’ on Heather Rd

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Monument Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • 2,750 SF
  • -
  • Triple Net
  • -

There’s nothing cookie-cutter about Pizza Hut. Not their pizzas. Not their people. And definitely not the way they live life. Around here, they don’t settle for anything less than food they are proud to serve. And they don’t just clock in. Not when they can also become their best, make friends, and have fun while they're at it. They're the pizza company that lives life unboxed. They are not for people who want to blend in: pushing boundaries is part of their heritage. They have thousands of restaurants and many team members in multiple countries. Whether it’s the original Stuffed Crust or putting a pizza in outer space, they never stop driving themselves to deliver hot pizzas, fast every time – anywhere one wants to enjoy it. At Pizza Hut, they don’t just make pizza. They make people happy. Pizza Hut was built on the belief that pizza night should be special, and they carry that belief into everything they do.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services 2,750 SF - Triple Net -

PROPERTY TAXES

  • Listing ID: 35340561

  • Date on Market: 4/1/2025

  • Last Updated:

  • Address: 218 Heather Rd, Guthrie, OK 73044