Guthrie, OK - Pizza Hut
$1,554,000
218 Heather Rd, Guthrie, OK 73044
7.15
Cap Rate
111,132
NOI
Details:
Description:
• The site is drive-thru equipped
• Pizza Hut recently exercised its first five-year extension option, with one additional extension option remaining
• The site is backed by a strong franchisee with over 35 locations across Kansas, Oklahoma, and Northern Ohio, and the franchisee has operated this location for over 20 years, demonstrating their commitment to the site
• Full exterior and interior remodel completed in 2021, demonstrating strength in the location
• The subject property is strategically located with easy access to the on/off-ramps of Interstate 35 and State Highway 33, which together carry a combined average of 54,400 vehicles per day
• The asset benefits from excellent frontage along Interstate 35, with large pylon signage to drive consumer traffic
• Pizza Hut is near several national and credit tenants, including Starbucks, Tractor Supply, Love’s, Sonic, Arby’s, Burger King, and more
• The parking lot was recently equipped with a Tesla charging station
Location
Gallery