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841 SW 89th St
Oklahoma City, OK 73139
Carl's Jr. · Retail Property For Sale
Investment Highlights
- 12 Years Remaining on Absolute Triple-Net (NNN) Lease with Multi-Unit Franchisee (19 Carl's Jr. Locations)
- Densely-Populated Trade Area in Oklahoma City - 219,342 Residents within 5 Miles
- Easy Freeway Access, 1 Mile South of Interstate 240 and 2 Miles East/West of Interstates 44 and 35
- Upcoming Rent Increase on August 1, 2028
- Signalized Hard Corner Location, Easily Accessible by ±36,000 Cars per Day at the Intersection of SW 89th Street and South Western Avenue
- Surrounded by National Tenants: Dunkin', Planet Fitness, Arby's, Dollar General, and More
Executive Summary
Founded in 1941, Carl's Jr. is a West Coast favorite, known for its iconic charbroiled burgers. The chain has more than 1,100 locations across the U.S. and serves 28 countries worldwide.
Oklahoma City is the capital and largest city in the state of Oklahoma, ranking 22nd among U.S. cities in population with 681,054 residents. The Oklahoma City metropolitan area has a population of 1,396,445, and the Oklahoma City-Shawnee Combined Statistical Area has a population of 1,469,124 (Chamber of Commerce) residents, making it Oklahoma’s largest metropolitan area by population.
Oklahoma City is the capital and largest city in the state of Oklahoma, ranking 22nd among U.S. cities in population with 681,054 residents. The Oklahoma City metropolitan area has a population of 1,396,445, and the Oklahoma City-Shawnee Combined Statistical Area has a population of 1,469,124 (Chamber of Commerce) residents, making it Oklahoma’s largest metropolitan area by population.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,536 SF
Building Class
B
Year Built
2014
Price
$1,915,000
Price Per SF
$755.13
Cap Rate
6.50%
NOI
$124,429
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.00 AC
Zoning
C-3
Parking
45 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 140091000 | Improvements Assessment | $66,015 |
| Land Assessment | $31,307 | Total Assessment | $97,322 |
Property Taxes
Parcel Number
140091000
Land Assessment
$31,307
Improvements Assessment
$66,015
Total Assessment
$97,322
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