For Sale
$1,771,399

3200 Okmulgee AveMuskogee, OK 74401

High-ROI Taco Bell, 12-year lease

Overview

Added:
Dec 11, 2024
Days on market:
113
This fee-simple, 2,304-square-foot Taco Bell in Muskogee, Oklahoma, presents a compelling investment opportunity. Located at 3200 W Okmulgee Ave, 74401, this property boasts a strong 5.75% cap rate and a substantial net operating income (NOI) of $101,852. The absolute NNN lease with K-MAC Enterprises, a well-established franchisee with over 340 units across 10 states, has over 12 years remaining, featuring 1% annual rent increases and 4-5 year lease options. The property benefits from a hard signalized corner location on a high-traffic road (approximately 126,600 vehicles daily), ensuring excellent visibility and accessibility. Built in 2017, this strategically located site is surrounded by other national brands like McDonald's and Walgreens, further enhancing its appeal. Muskogee's diverse economy, encompassing healthcare, education, and manufacturing, contributes to the property's long-term growth potential. The asking price is $1,771,399, translating to $590 per square foot. This is a truly passive income investment with no landlord responsibilities, offering a secure and profitable return. The property is 100% occupied.

Highlights

  • $1,771,399 asking price for this Taco Bell franchise.
  • Absolute NNN lease with over 12 years remaining and 1% annual rent increases.
  • Globally recognized Taco Bell brand, serving over 42 million US customers weekly.
  • Passive income investment; no landlord responsibilities.
  • High-traffic location on a hard signalized corner (approx. 126,600 vehicles daily).
  • Strategically located near McDonald's and Walgreens.

Property Details for 3200 Okmulgee Ave

Property type
Retail properties
Square Feet
2,304 SF
Year Built
2017

Location Insight

City
Muskogee
County
Muskogee
State
Oklahoma
Latitude
35.7552546
Longitude
-95.4029745
3200 Okmulgee Ave, Muskogee, Oklahoma

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3200 Okmulgee Ave
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