America's Car Mart 1501 W Shawnee St 5,378 SF Retail Building Muskogee, OK 74401 $1,548,813 ($287.99/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- 8-Year Absolute Triple Net (NNN) Lease
- Strong Real Estate Fundamentals
- Strong Corporate Guarantee
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for an America's Car-Mart located at 1501 W Shawnee St, Muskogee, OK 74401. The site consists of roughly 5,378 rentable square feet of building space on an estimated 1.8617-acre parcel of land. This America's Car-Mart is subject to a 8-year Triple Net (NNN) lease, which commenced 1/1/2020. The current annual rent is $123,905 and has scheduled increases of 8.00% Option 1; 5.00% Option 2.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
5,378 SF
Building Class
C
Year Built
2009
Price
$1,548,813
Price Per SF
$287.99
Cap Rate
8%
NOI
$123,905
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.86 AC
Zoning
F
Parking
9 Spaces (1.67 Spaces per 1,000 SF Leased)
Frontage
180’ on U.S. 62
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 51916 | Improvements Assessment | $43,647 |
| Land Assessment | $14,646 | Total Assessment | $58,293 |
CONTACTS
-
Glen Kunofsky -
Francis Purritano -
Walker Stevens -
Carlton St Bernard -
NNN Pro Group
