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801 E Prospect Ave
Ponca City, OK 74601

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,097 SF
Building Class
C
Year Built/Renovated
2001/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.01 AC
Zoning
commercial

About 801 E Prospect Ave , Ponca City, OK 74601

The Chili’s is well located at the corner of a signalized intersection where it has excellent visibility and access. The property is positioned just off of HWY 77 (16,600 VPD) which is a primary north-south thoroughfare. The Chili’s property is an outparcel to Walmart Supercenter and near other retailers including Lowe’s, ALDI, Hobby Lobby, Walgreens, and AMC. Additionally, the property is near Alliance Health Ponca City, a large 140 bed hospital. There are 55,618 people living within five miles of the property with an average household income of $97,807. The lease is guaranteed by Brinker International, Inc. (S&P: BB+) (Moody’s: BA1), one of the world’s leading casual dining restaurant companies with more than 1,600 restaurants. Brinker International serves 1+ million guests every day and has over 100,000 team members worldwide. Chili’s was founded over 40 years ago and is currently operated by Brinker International. Brinker International has a strong commitment to investing in its locations through technology initiatives and store remodels. Chili’s has had a long and successful operating history at this location since 2001 and has strong store sales and a low rent-to-sales ratio.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1990-10-026-02E-4-005-20
Land Assessment
$104,525
Improvements Assessment
$119,701
Total Assessment
$224,226
  • Listing ID: 14319738

  • Date on Market: 2018-11-07

  • Last Updated:

  • Address: 801 E Prospect Ave, Ponca City, OK 74601

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