3531 Owen K Garriott rd - Retail FOR SALE


Enid, OK 73703
$1,567,000 USD
954-332-0210
3531 Owen K Garriott rd, Enid, OK for Sale
$1,567,000 USD
Retail - FOR SALE
1/3
null | 7.27% Cap Rate

3531 Owen K Garriott rd
Enid, OK 73703


HIGHLIGHTS

  • Absolute NNN lease with ±7.7 years remaining and 10% rent increases every 5 years
  • Corporate guaranteed by Aspen Dental Management, Inc. with 1,100+ locations nationwide
  • Freestanding, purpose-built dental facility on oversized 1.50-acre lot
  • High visibility location with ±21,600 vehicles per day on main retail corridor
  • Current NOI of $113,855 and 7.27% cap rate, increasing to 8.00% in ±2.7 years
  • Passive investment with minimal landlord responsibilities and strong tenant commitment

OVERVIEW

Kyle Matthews Matthews Real Estate Investment Services, Inc License # 180759, 180760 (OK) 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,567,000 USD

PRICE/SF

$482 USD /SF

CAP RATE

7.27%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aspen Dental

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael CashmanMatthews Real Estate Investment ServicesMore Info
954-332-0210

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Michael CashmanMatthews Real Estate Investment ServicesMore Info
954-332-0210

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