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Wendy’s

3796 North Highway 81 Duncan, OK
$2,387,257 5.65% Cap 2,319 sq ft Built 2019 Representative Photo Print This Page

Location

3796 North Highway 81 Duncan, OK

Price: $2,387,257
Cap Rate: 5.65%
Net Operating Income: $134,880
Square-Footage: 2,319
Year Built: 2019

10% Increases in Rent Every 5 Years100% Fee Simple InterestExcellent Access and VisibilityLong Term NNN LeaseNew ConstructionSurrounded by Major RetailersZero Landlord Obligations

The subject property is a new construction 2,319 SF Wendy’s located in Duncan, OK. The site is operating on a new 20 year lease with 10% increases every 5 years. This is an absolute NNN lease with zero landlord responsibilities. The site is strategically located in the retail corridor on Highway 81 which sees over 23,000 VPD and has a trade area population of 44,581. The site benefits from multiple surrounding retailers including Walmart, McDonald’s, Arby’s, Tractor Supply, Ross, Sonic, Applebee’s and many more. Wendy’s is the 3rd largest quick-service hamburger company with nearly 6,500 locations across 29 countries worldwide.

Duncan is a city and county seat of Stephens County, Oklahoma, United States. The population was 23,431 at the 2010 census.The town is situated approximately 30 miles east of Lawton and 80 miles (130 km) south of Oklahoma City. It is on U.S. Highway 81.

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