Retail    

Popeyes Louisiana Kitchen

 Ponca City, OK

Price:
$1,933,333

Cap Rate (Year 1):
5.25%

Cap Rate (Avg):
6.02%

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ABS NNN

Ground Lease

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20-Year Lease

(19.5+ Rem)

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Annual

Rent Increases

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4-Lane

US Hwy 77

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • New 20-Year Ground Lease
    19.5+ Years Remaining
  • ABS NNN Lease
    Zero Landlord Responsibilities
  • National Brand and Experienced Multi-Unit Franchisee
  • 1.5% Annual Rent Increases
    Base + Options
  • 3-Miles from Region’s Largest Employer 
    ConocoPhillips Ponca City Refinery (960+ Employees)
  • Positioned on 4-Lane US Hwy 177 in Primary Retail Corridor

Exclusively Listed By

Brandon Duff

Senior Vice President & Managing Director
  bduff@northmarq.com      +1 312.240.0162

Tom Fritz

Senior Vice President & Managing Director
  tfritz@northmarq.com   

Mackenzie Wolfgram

Associate Vice President
  mwolfgram@northmarq.com   

Daniel Herrold

Senior Vice President
  dherrold@northmarq.com   

Brandt Fuller

Senior Analyst
  bfuller@northmarq.com   

Matt Spangenberg

Senior Associate
  mspangenberg@northmarq.com   

In Association with:
Scott Briggs

OK Lic. #160500

Northmarq

303 E. Wacker Drive Suite 1111
Chicago, IL 60601


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