5608 Aspen Ave - Bank FOR SALE


Broken Arrow, OK 74011
$2,600,000 USD
480-221-4221
5608 Aspen Ave, Broken Arrow, OK for Sale
$2,600,000 USD
Bank - FOR SALE
1/5
null | 5% Cap Rate

5608 Aspen Ave
Broken Arrow, OK 74011


HIGHLIGHTS

  • Brand New 20-Year Lease | Options To Extend | Strong Tenant | Scheduled Rental Increases | Drive-Thru Equipped
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • A Part of a Newly Developed Center | High Traffic Counts Dense Retail Corridor | Excellent Visibility
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• Newly executed 20-year lease with 3 (5-year) options to extend • The lease features 10% rental increases every five years and at the beginning of each option period, steadily increasing NOI and providing a hedge against inflation • Tinker Federal Credit Union is the largest credit union in Oklahoma, serving over 470,000 members with approximately $6.1 billion in assets, demonstrating strong financial stability • The site features multiple drive-thrus, providing convenience and efficient service for customers

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$497 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Tinker Federal Credit Union

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Bank, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

CH

APN/PARCEL ID

98433-84-33-61570

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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