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- LoopNet Team
116 W State Highway 152
Mustang, OK 73064
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15 Year Leaseback
- Absolute NNN
PROPERTY FACTS
ABOUT 116 W STATE HIGHWAY 152 , MUSTANG, OK 73064
SVN Silveri Co and Easy Leasebacks present this sale-leaseback of a successful quick lube. The current owner will lease back this location for 15 years, absolute triple net. The NNN lease includes annual rent increases. The tenant is Stribco Inc, owner/operator of six locations, all branded with Service Pro products. The owner of Stribco is an experienced owner/operator with 42 oil change locations throughout the Midwest. Built in 1996, this sharp looking 2,498 SF quick lube is surrounded by national retailers such as CVS, Walgreens, O’Reilly Auto Parts, Sonic, NAPA Auto, Freddy’s, Pizza Hut, Arby’s and many local retailers as well. Mustang is located about 18 miles southwest of Oklahoma City. There are over 140,000 people within a 10-mile radius. This location is part of a larger sale-leaseback so additional locations can be added for a larger 1031 or portfolio purchase. We have a recent phase 1 report. OK Broker of record Sterling Scott.
PROPERTY TAXES
| Parcel Number | 090008327 | Improvements Assessment | $48,534 |
| Land Assessment | $30,861 | Total Assessment | $79,395 |
PROPERTY TAXES
