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503 E Main St
Stigler, OK 74462
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,100 SF
Building Class
C
Year Built
1974
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.52 AC

ABOUT 503 E MAIN ST , STIGLER, OK 74462

The subject offering affords investors the rare opportunity to acquire a bite-sized asset with an exceptionally strong guarantee. The property is subject to a recently extended five-year option with NPC International, the largest Pizza Hut Franchisee in the United States. The lease was extended well in advance of the expiration date and there is still one more five-year option remaining. This Pizza Hut is the only national pizza chain in the trade area and has been in operation since 1977. NPC International is the seventh largest restaurant unit operator in the United States and currently employs over 36,000 individuals. They operate more than 1,144 Pizza Hut locations in 27 States and more that 386 Wendy's locations in eight different states. Founded in 1962, they have been operating Pizza Hut locations since the 1980s and have been growing their Pizza Hut holdings consistently over the past two decades. NPC International is now the largest Pizza Hut franchisee in the United States and represent approximately 20 percent of the domestic Pizza Hut restaurant system.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1001-00-017-005-0-002-00
Land Assessment
$13,750
Improvements Assessment
$9,264
Total Assessment
$23,014
  • Listing ID: 11773340

  • Date on Market: 3/1/2018

  • Last Updated:

  • Address: 503 E Main St, Stigler, OK 74462

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