840 NW 32nd St - Retail FOR SALE


Newcastle, OK 73065
$1,666,667 USD
332-345-4222
840 NW 32nd St, Newcastle, OK for Sale
$1,666,667 USD
Retail - FOR SALE
1/2
null | 6% Cap Rate

840 NW 32nd St
Newcastle, OK 73065


HIGHLIGHTS

  • Strong Corporate Guarantee
  • New Construction
  • Long-Term 20-Year NNN Sale-Leaseback
  • Adjacent to High Performing Walmart Super Center

OVERVIEW

Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 840 NW 32nd St, New Castle, OK. The site consists of roughly 1,447 rentable square feet of building space on an estimated 0.31-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $100,000 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$1,666,667 USD

PRICE/SF

$1,667 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,503 SF

ZONING

-

APN/PARCEL ID

00000309N04W002400

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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