7900 E Reno Ave
Oklahoma City, OK 73110
Carl's Jr. | Absolute NNN Lease | OKC MSA · Retail Property For Sale
Investment Highlights
- Absolute NNN Lease
- (4) 5-Year Options to Extend
- Signalized Hard Corner
- 11 Years Remaining
- Falcon Holding operates 37+ Locations
- Oklahoma City MSA
Property Facts
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
About 7900 E RENO AVE , OKLAHOMA CITY, OK 73110
Retail Investment Group is pleased to be the sole listing agent for Carl’s Jr. in Midwest City, Oklahoma. The building is ±3,456 square feet and sits on ±0.92 acres of land. This Carl’s Jr. location was built in 1970, but received its most recent tenant improvements in 2011. The property is located on a signalized corner surrounded by well-known retailers and ±0.5 miles from the hospital. The property is below market rent with an absolute NNN lease that will expire on July 1, 2031. There are (4) 5-Year Options with increases in July 1, 2021 ($93,775) and July 1, 2026 ($103,152). This location is backed by 37 OK Restaurant Holdings, LLC locations (a division of Falcon Holdings). This property in Midwest City is only ±8 miles from Oklahoma City, Oklahoma, which has a population of ±643,574.
Property Taxes
| Parcel Number | 150410101 | Improvements Assessment | $108,064 |
| Land Assessment | $44,000 | Total Assessment | $152,064 |
Property Taxes
