3501 N Main St | Altus, OK 73521
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3501 N Main St
Altus, OK 73521
Applebee's - Altus, 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 Directly on Highway 283, a Major North and South Interstate
- Annual Rent Increases Providing a Healthy Hedge Against Inflation
- Very Healthy Rent-to-Sales Ratio, Providing a Safe Long Term Investment
- Adjacent to Western Oklahoma State College - Enrollment of Over 2,500 Students
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,854 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.83 AC
Frontage
249’ on N Main St
AMENITIES
- Pylon Sign
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $93,607 | |
| Land Assessment | $40,121 | Total Assessment | $133,728 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$40,121
Improvements Assessment
$93,607
Total Assessment
$133,728
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