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1516 N Lynn Riggs Blvd
Claremore, OK 74017
Retail Property For Sale
Investment Highlights
- 100% Leased NNN Investment
- Great visibility and access to HWY 66
- Recent remodel includes new LED lighting, HVAC, Electrical and more
- 7,200 SF building 100% leased to 3 Tenants
Executive Summary
100% Lease NNN investment property. New 5 year lease with national credit Tenant who occupies 60% of the property. Complete remodel in 2017. Site is conveniently located 1 mile north of downtown Claremore on the historic Route 66. The immediate trade area features multiple retailers, restaurants and major employers, all within 1 mile of the property.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,200 SF
Building Class
C
Year Built/Renovated
1980/2017
Price
$1,450,000
Price Per SF
$201.39
Percent Leased
62%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.75 AC
Zoning
C-2
Parking
14 Spaces (1.95 Spaces per 1,000 SF Leased)
Frontage
231’ on Lynn Riggs Blvd
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 660003255 | Improvements Assessment | $10,770 |
| Land Assessment | $6,577 | Total Assessment | $17,347 |
Property Taxes
Parcel Number
660003255
Land Assessment
$6,577
Improvements Assessment
$10,770
Total Assessment
$17,347
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