Retail Space - For Sale
218 Heather Road Guthrie, OK 73044
Details & Description
Price: $1,700,000
  • Property Type Retail for Sale : Food Service
  • Lot Size Acres 0.000
  • Building Sq Ft 5,500
  • Building Price per Sq Ft $309.09
  • CAP Rate % 6.23
Cap rate: 6.23%Absolute Net Lease with 9 years remaining on the lease.Pizza chains are outperforming other restaurants during the pandemic.Strong operating history at this location of almost 20 years.Multi-Unit franchisee that has been in existence since 1969 and operates 19 Pizza Hut locations throughout Oklahoma and Kansas.
Listing Agents
Grant Stewart

O: 405-842-0100
M: 918-645-7679
gstewart@wigginprop.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

218 Heather Road

Guthrie, OK 73044

Listing ID: 196929
$1,700,000
For Sale
  • Property Type Retail for Sale : Food Service
  • Lot Size Acres 0.000
  • Building Sq Ft 5,500
  • Building Price per Sq Ft $309.09
  • CAP Rate % 6.23
218 Heather Road Guthrie, OK 73044 | for Sale | Photo 1
Description

Cap rate: 6.23%

Absolute Net Lease with 9 years remaining on the lease.

Pizza chains are outperforming other restaurants during the pandemic.

Strong operating history at this location of almost 20 years.

Multi-Unit franchisee that has been in existence since 1969 and operates 19 Pizza Hut locations throughout Oklahoma and Kansas.

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Oklahoma City History of Retail Space for Sale

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Guthrie Area Market Trends

Listing Demographics for 218 Heather Road Guthrie, OK 73044

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population1,6208,40913,696
Population Median Age424038
Population by Age0-9 Yrs194 (11%)1112 (13%)1651 (12%)
10-19 Yrs152 (9%)1023 (12%)1979 (14%)
20-29 Yrs265 (16%)1061 (12%)1960 (14%)
30-39 Yrs142 (8%)1141 (13%)1851 (13%)
40-49 Yrs210 (12%)1008 (11%)1620 (11%)
50-59 Yrs141 (8%)1036 (12%)1576 (11%)
60-69 Yrs246 (15%)952 (11%)1540 (11%)
70+ Yrs270 (16%)1076 (12%)1520 (11%)
Median HH Income$32,755$41,060$46,321
Total Household Income< 24K301 (40%)998 (31%)1432 (30%)
25-49K224 (30%)826 (25%)1072 (22%)
50-74K105 (14%)565 (17%)894 (18%)
75-99K58 (7%)408 (12%)651 (13%)
100-199K54 (7%)358 (11%)621 (13%)
200K+4 (0%)59 (1%)100 (2%)
Highest Education LevelNo Diploma1706781014
Diploma or GED38020003114
Some College28812801992
Assoc. Degree61394767
Bachelors Degree1458781236
Higher Degree77440701
Total Housing Units9583,9495,666
--Owner-Occupied3271,8853,050
--Renter-Occupied4171,3291,721
Owner-Occupied Values< 100K1699061340
100-199K1306621109
200-299K24205384
300-399K346101
400-499K04762
500K+11854
Total Working Age Population1,3066,63010,915
In Work Force7444,0686,699
Not In Work Force5622,5614,216
Workforce Employed7103,6966,202
Workforce Unemployed34360485
Civlian Workforce7444,0566,687
Military Workforce01212
Total Households7443,2144,771
Family Households3181,9343,046
Non-Family Households4261,2791,725
Married Couple2281,3992,201
Other Family90535846
Married w/Child67478779
Single Male w/Child54584
Single Female w/Child57269417

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Oklahoma3,450,654+93,751,351+74,024,202+74,302,501
Logan County33,924+2341,848+1046,185+950,462

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Will Rogers World Airport (OKC) 36
Tulsa International Airport (TUL) 87
Wichita Eisenhower National Airport (ICT) 122
Listing Agent
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