Burger King

Highlights:

• Long-Term Triple Net (NNN) Lease With Zero Landlord Responsibilities and Over 16 Years Remaining in Term
• Lease Supports Four, Five (5) Year Renewal Option Periods
• Rental Increases of 1.5% Annually Beginning in Year 6 Offer a Hedge Against Inflation and Automatic Increase in NOI
• Excellent Visibility with Frontage and Signage Along 4th Street/Highway 81 | Situated Just Off Interstate-44 Exit Ramp
• High Traffic Counts - Highway 81 Has Over 17,000 Vehicles Per Day and Interstate-44 Which Has Over 20,000 Vehicles Per Day Burger King (NYSE: BKC) Has Over 19,000 Locations in More Than 100 Countries | Subsidiary of Restaurant Brands International (NYSE: QSR)
• Switchgrass Holdings, LLC (Parent) is the Largest Franchisee in Oklahoma with 49-Units
• Positioned Within a Busy Retail Corridor and Surrounded by High Quality Tenants Including Aldi, Chick-fil-A, KFC, Taco Bell, Starbucks, Walgreens, Walmart and Many Others
• Located Within a 3-Mile Radius of Multiple Hospitality Accommodations Including Holiday Inn Express & Suites, Hampton Inn, Fairfield Inn & Suites, Quality Inn and Super 8
• Estimated Population is Greater Than 19,600 People Within a 3-Mile Radius of the Subject Property

Description:

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The Gateway to Southwest Oklahoma, Chickasha is home to nearly 17,000 people. The city is only 30 minutes south of the Oklahoma City metro area, easily accessible by U.S. Highways 81 or 62, or on four-lane Interstate 44. Chickasha is a city in and the county seat of Grady County, Oklahoma. Chickasha is home to the University of Science and Arts of Oklahoma, Festival of Light, Arts Festival, sporting events and other entertainment opportunities.. Grady County is part of the Oklahoma City, OK Metropolitan Statistical Area.

Agriculture, particularly wheat production, and cattle raising have been important to the city's economy since its earliest days. Manufacturing became important about the middle of the 20th century. ArvinMeritor Replacement Parts and Delta Faucet opened facilities in the 1970s.

The city's annual Festival of Light takes place at the 43-acre Shannon Springs Park and opens nightly from around Thanksgiving to the end of December. The park has over 3.5 million lights, and the crystal pedestrian bridge boasts over 75,000 lights alone. It draws together over a thousand local volunteers and more than 250,000 visitors from across the United States.

The University of Science and Arts of Oklahoma (USAO) is a public liberal arts college in Chickasha, Oklahoma. It is the only public college in Oklahoma with a strictly liberal arts–focused curriculum and is a member of the Council of Public Liberal Arts Colleges. USAO is an undergraduate-only institution and grants bachelor's degrees in a variety of subject areas.

Oklahoma City is the capital and largest city of the U.S. state of Oklahoma. The county seat of Oklahoma County, it ranks 20th among United States cities in population, and is the 8th largest city in the Southern United States. The population grew following the 2010 census and reached 681,054 in the 2020 census. The Oklahoma City metropolitan area had a population of 1,396,445, and the Oklahoma City–Shawnee Combined Statistical Area had a population of 1,469,124, making it Oklahoma's largest municipality and metropolitan area by population.