Page 38 - Newmark Northwest 2021 Samples

7900 S

WALKER AVE

Designer: Bryan Hinkle
Designer: Bryan Hinkle THE OFFERING SUMMARY
OFFERING
OFFERING
Newmark Knight Frank is pleased to
Newmark K night F r ank is pleas ed t o 8.0%
offer for sale to quali e in estors, the
offer for sale to quali e in estors, the $2,300,000 ±6,297 SF
opportunity to purchase the 100% fee
opportunity to purchase the 100% fee
simple interest in the Johnny Carino’s
simple interest in the Johnny Carino’s
restaurant property located at 7900 S.
restaurant property located at 7900 S. PRICE CAP RATE 7900 S Walker Avenue // Oklahoma City, OK SIZE
7900 S Walker Avenue // Oklahoma City, OK
7900 S Walker Avenue // Oklahoma City, OK
Walker enue, klahoma ity, klahoma
Walker enue, klahoma ity, klahoma LEASE TENANT
(“the Property”). Johnny Carino has
(“the Property”). Johnny Carino has
OKC
OKC
OKC
OKC
OKC
OKC
OKC
OKC
OKC
OKC
OKC
PROFILE
been operating at the location since it
been operating at the location since it
was built in 2004 an the lease was ust
was built in 2004 an the lease was ust
100%
100% OKC renewe exten e for a rm en 0 PARCEL Entire Property consisting of ±6,297 LEASE EXPIRATION JOHNNY CARINO’S
±1.6
renewe exten e for a rm en 0
3/31/29
100%
year term with Two (2) additional options
year term with Two (2) additional options
SUMMARY
Acres
Tenant
to renew for Five (5) years.
to renew for Five (5) years.
Oklahoma City is the capital and largest
Oklahoma City is the capital and largest
Premises
NET LEASED
NET LEASED
OCCUPANCY
Kampco JC’s No. 4, LLC
city of the U.S. state of Oklahoma. The
city of the U.S. state of Oklahoma. The
INVESTMENT
INVESTMENT U.S. with an estimated 2018 population Percentage Rent Strong Demographics exceptional food and wonderful service. www.carinos.com
JOHNNY CARINO’S
City ranks as the 27th largest in the
City ranks as the 27th largest in the
U.S. with an estimated 2018 population
Lease Expiration
OPPORTUNITY
OPPORTUNITY
of more than 64 ,000. he roperty
of more than 64 ,000. he roperty
rentable square feet on ±1.60 acres
exceptional food and wonderful service.
is well located less than a mile from
is well located less than a mile from
7900 S Walker Avenue
7900 S Walker Avenue
March 31, 2029 (Original Lease
$185,000
Annual Base Rent
the intersection of Interstates 240
the intersection of Interstates 240
Commencement Oct. 1, 2003)
Oklahoma City, OK
Oklahoma City, OK
(east-west) and 35 (north-south).
(east-west) and 35 (north-south).
Great Location
his esirable retail location bene ts
his esirable retail location bene ts
en
v
o
Experienced restaurant
location
with
successful
from more than 00,000 people
operator with 5 locations
within 3 miles
tenant (15+ years)
residing within 3 miles and an average Pr Proven successful location with Over 100,000 people residing Strong Tenant with Experience
residing within 3 miles and an average
Renewal Options
Tenant pays 7% of Monthly Sales in
With over 70 locations in the US and 10 abroad, Carino’s Italian has changed the face of the American-Italian dining
With over 70 locations in the US and 10 abroad, Carino’s Italian has changed the face of the American-Italian dining
Lease Type
househol income excee ing ,000.
experience here and around the world. Carino’s Italian is a casual, full service Italian concept catering to families and
experience here and around the world. Carino’s Italian is a casual, full service Italian concept catering to families and
househol income excee ing ,000. Use: estaurant
excess of $220,238 as additional rent
dining parties of all si es. ntrees range from traditional favorites like homemade lasagna and wood- red pi as,
dining parties of all si es. ntrees range from traditional favorites like homemade lasagna and wood- red pi as,
Net Leased
OFFERING MEMORANDUM
Two (2) - Five (5) Year Options
to featured items like spicy shrimp and chicken, chicken scallopini, baked cheese tortellini and baked sh omano,
to featured items like spicy shrimp and chicken, chicken scallopini, baked cheese tortellini and baked sh omano,
all served with fresh baked bread. With a history of over 16 years, Carino’s has never lost touch with its passion for
all served with fresh baked bread. With a history of over 16 years, Carino’s has never lost touch with its passion for
MILES POPULATION AVG HOUSEHOLD INCOME AVG DAYTIME POPULATION
1 8,797 $50,871 11,234
DEMOGRAPHICS Tenant Pays Directly 3 101,872 $53,541 66,931
DEMOGRAPHICS
DEMOGRAPHICS
and Utilities
2019 ESTIMA TE Roof & Structure
2019 ESTIMATE
Property Taxes, Insurance, Common
TE
2019 ESTIMA
5 225,973 $58,504 135,753
Area, Repairs & Maintenance, HVAC
Landlord esponsible
OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM
REPRESENTATIVE IMAGE OFFERING MEMORANDUM OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM
FORREST GHERLONE Senior Managing Director
925.974.0237 // fgherlone@ngkf.com
Brochures & Offering Memorandums
EXCLUSIVE AGENTS CA RE License # 01376723
MIKE ZYLSTRA Senior Managing Director
925.974.0106 // mzylstra@ngkf.com
CA RE License # 01310041
353
CLEMENTINA
CLEMENTINA
Designer: Melanie Tam 353 CLEMENTINA
Designer: Melanie Tam
353 CLEMEN
TINA
PROJECT & HIGHLIGHTS
• Full Ground Floor & Mezzanine
• • • • Available Now
353 CLEMENTINA • • • • • • 2 Meeting Rooms
New Creative Build Out
Open Space
1 Large Glass Conference Room
Kitchen
MARKETING
353 CLEMENTINA
IT Room
New In-Suite Restrooms and Showers
High Exposed Ceilings with Skylights
Polished Concrete Floors
Ground Floor and Mezzanine
Ground Floor and Mezzanine
6,659 SF • Central Location
6,659 SF
Available Immediately
Available Immediately
CREATIVE OPPORTUNITY
CREATIVE OPPORTUNITY
HANNAH POTTER
hpotter@ngkf.com
Director
CA RE License #01924485
415.445.5113
Executive Managing Director
ROMAN ADLER
T 415.274.4434
CA RE License #01520766
radler@ngkf.com
40 INTERIOR PHOTOS
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