Wichita Falls, TX - Carl's Jr

Description:

• Entity on the Lease is OK Restaurant Holdings, LLC, a 22-unit operator
• Over 10 years of lease term remaining with 4 (5-year) option periods to extend
• Lease features 10% rental increases every 5 years throughout the initial term and option periods, increasing NOI and hedging against inflation
• Single-digit rent-to-sales ratio with positive EBITDA (contact agent for details)

• Directly off of US Hwy-287 Exit Ramp, a major commuter thoroughfare averaging over 23,400 vehicles per day
• Property is equipped with a Drive-Thru, providing ease and convenience for consumers
• Nearby to Walmart Supercenter with 2.5M visits annually, Jack in the Box, Cracker Barrel, KFC, Great Clips, Subway, Denny’s, Comfort Inn and more
• Strong tenant synergy promotes crossover shopping to the subject property

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Listing ID: a28TP000001rfMDYAY