Retail Space
218 Heather Road Guthrie, OK 73044

Details & Description

Price: $1,700,000

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.

Property ID: 196929
Property URL: melqr.com/196929
Generated: 04-27-24

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.

Retail Space / Oklahoma / Guthrie / 73044 / 218 Heather Road

218 Heather Road

Guthrie, OK 73044

Listing ID: 196929

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218 Heather Road Guthrie, OK 73044 | for Sale | Photo 1

Building Size: 5,500 SF

Lot Size: --

Land Size: --

Building $/SF: $309.09

Land $/SF:

Price

$1,700,000

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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Month	Payment	Principal	Interest	Total Interest	Balance
$0.00	$0.00	$0.00	$0.00	$0.00	$0.00

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 Population		1,620	8,409	13,696
Population Median Age		42	40	38
Population by Age	0-9 Yrs	194 (11%)	1112 (13%)	1651 (12%)
	10-19 Yrs	152 (9%)	1023 (12%)	1979 (14%)
	20-29 Yrs	265 (16%)	1061 (12%)	1960 (14%)
	30-39 Yrs	142 (8%)	1141 (13%)	1851 (13%)
	40-49 Yrs	210 (12%)	1008 (11%)	1620 (11%)
	50-59 Yrs	141 (8%)	1036 (12%)	1576 (11%)
	60-69 Yrs	246 (15%)	952 (11%)	1540 (11%)
	70+ Yrs	270 (16%)	1076 (12%)	1520 (11%)

Median HH Income		$32,755	$41,060	$46,321
Total Household Income	< 24K	301 (40%)	998 (31%)	1432 (30%)
	25-49K	224 (30%)	826 (25%)	1072 (22%)
	50-74K	105 (14%)	565 (17%)	894 (18%)
	75-99K	58 (7%)	408 (12%)	651 (13%)
	100-199K	54 (7%)	358 (11%)	621 (13%)
	200K+	4 (0%)	59 (1%)	100 (2%)

Highest Education Level	No Diploma	170	678	1014
	Diploma or GED	380	2000	3114
	Some College	288	1280	1992
	Assoc. Degree	61	394	767
	Bachelors Degree	145	878	1236
	Higher Degree	77	440	701

Total Housing Units		958	3,949	5,666
--Owner-Occupied		327	1,885	3,050
--Renter-Occupied		417	1,329	1,721
Owner-Occupied Values	< 100K	169	906	1340
	100-199K	130	662	1109
	200-299K	24	205	384
	300-399K	3	46	101
	400-499K	0	47	62
	500K+	1	18	54

Total Working Age Population		1,306	6,630	10,915
In Work Force		744	4,068	6,699
Not In Work Force		562	2,561	4,216
Workforce Employed		710	3,696	6,202
Workforce Unemployed		34	360	485
Civlian Workforce		744	4,056	6,687
Military Workforce		0	12	12

Total Households		744	3,214	4,771
Family Households		318	1,934	3,046
Non-Family Households		426	1,279	1,725
Married Couple		228	1,399	2,201
Other Family		90	535	846
Married w/Child		67	478	779
Single Male w/Child		5	45	84
Single Female w/Child		57	269	417

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Oklahoma	3,450,654	+9	3,751,351	+7	4,024,202	+7	4,302,501
Logan County	33,924	+23	41,848	+10	46,185	+9	50,462

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.

Common Questions and Answers

What is the asking price for 218 Heather Road in Guthrie?

The asking price for 218 Heather Road is $1,700,000

What is the building size of this Retail property in Guthrie, OK?

The size of the building/unit at 218 Heather Road in Guthrie is 5,500 square feet

What kind of Retail is the propery at 218 Heather Road?

The property at 218 Heather Road Guthrie, OK 73044 is listed as a Food Service Retail property

What is the population within 1 mile of 218 Heather Road in Guthrie?

The population within 1 mile of 218 Heather Road Guthrie, OK 73044 is 1,620 people.

Who do I contact for questions about 218 Heather Road?

You should contact the listing agent, Grant Stewart, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
1612 South Division Street, Guthrie, OK	CALL	3400	0.7
202 North Grand, Crescent, OK	$75,000	1320	0.25
1541 North Santa Fe Avenue, Edmond, OK	$1,150,000	6815	58953
76 East 33rd Street, Edmond, OK	CALL	160795	15.01
6500 Broadway Extension Highway, Edmond, OK	$995,000	3760	0.98
5300 Northeast 122nd Street, Edmond, OK	CALL	8916	8
2800 Northwest 140th Street, Oklahoma City, OK	$3,500,000	6600	1.23
2610 West Memorial Road, Oklahoma City, OK	$1,760,000	5442	1.33
3031 West Memorial Road, Oklahoma City, OK	$2,600,000	9774	1.52
10601 North I- 35 Service Road, Oklahoma City, OK	$750,000	5771	2.34

Closest Commercial Airports

Airport	Distance (mi)
Will Rogers World Airport (OKC)	36
Tulsa International Airport (TUL)	87
Wichita Eisenhower National Airport (ICT)	122