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Ted's Tacos & Cantina 1529 Hoppe Blvd

4,430 SF Retail Building Ada, OK 74820 $2,500,000 ($564/SF) 5.10% Cap Rate

EXECUTIVE SUMMARY

Prime investment opportunity! Strong-credit tenant currently occupying the space with 80 months left on their lease. Please call Julie Buxton for Cap Rate, NOI, and Floor Plan.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,430 SF
Building Class
B
Year Built
2018
Price
$2,500,000
Price Per SF
$564
Cap Rate
5.10%
NOI
$127,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.51 AC
Zoning
Commercial - Commercial
Parking
87 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
254 FT on Lonnie Abbott Blvd

NEARBY MAJOR RETAILERS

Santa Fe Cattle Co.
Mazzio's
RibCrib
Chili's Grill & Bar
Simmons Bank
ColorTyme
Applebee's
Starbucks
CrossFit
First United Bank And Trust Company

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0427-00-001-001-0-000-00
  • 0525-27-004-006-0-003-00
Land Assessment
$116,400
Improvements Assessment
$87,600
Total Assessment
$204,000
  • Listing ID: 32614735

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: 1529 Hoppe Blvd, Ada, OK 74820

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