Burger King - Woodward, OK
SHOP Companies is pleased to offer for sale fee simple interest in a brand new, single-tenant Burger King restaurant located in Woodward, OK. The asset is offered subject to a new, 20-year absolute net lease scheduled to commence in July of 2022. The property is strategically positioned at the signalized hard corner of Downs Avenue and Williams Avenue (US Route 270), the major north-south thoroughfare running through Woodward. Located less than one mile east of Woodward High School (5A), Burger King will be the high school’s closest drive-thru equipped restaurant and the only burger option in the immediate trade area.
The site is situated just across the street from the largest concentration of big-box and national retailers within the trade area including Atwoods Ranch & Home, Dollar Tree, Dollar General, Ace Hardware, United Supermarket, and the only Walmart Supercenter within 65 miles. The restaurant is operated by Tulsa-based Switchgrass Holdings, which currently operates 49 Burger King restaurants in Oklahoma, making it the largest Burger King franchisee in the state.