Retail Space /OK /Atoka County /Atoka /2020 Mississippi ave
Retail Space /OK /Atoka County /Atoka /2020 Mississippi ave

2020 Mississippi ave - Fast Food FOR SALE


Atoka, OK 74525 | 
$1,820,000 USD
214-560-6900
2020 Mississippi ave, Atoka, OK for Sale
$1,820,000 USD
Fast Food - FOR SALE
1/7
null | 6.65% Cap Rate
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2020 Mississippi ave
Atoka, OK 74525

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HIGHLIGHTS

  • Dark But Paying | 8+ Years Of Firm Term Remaining | Drive-Thru Equipped
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Signalized Intersection | High Performing Travel Center |Across From Walmart | Reba’s Place
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The tenant is still obligated to pay rent throughout the remainder of the initial term • 8+ years of firm term remaining with a 10% rental increase in March 2029 • The property is equipped with a dedicated drive-thru lane

FOR SALE DETAILS

PRICE

$1,820,000 USD

PRICE/SF

$818 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

C-2

APN/PARCEL ID

0000-22-02S-11E-3-019-00

ASK ABOUT THIS PROPERTY

Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

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