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SiteOne Landscape Supply 16399 W US Highway 66 9,103 SF Flex Building El Reno, OK 73036 $2,833,000 ($311.22/SF) 6.30% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Brand New 10 Year Lease | Corporate Guaranteed (NYSE: SITE) | Annual Rental Increases
  • Strong Industrial Corridor | Access off I-40 (51K+ VPD)
  • NN+ | Fee Simple Ownership | Limited Landlord Responsibilities
  • Strong Demographics In 10-Mile Trade Area | Oklahoma City MSA

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a new construction, corporate guaranteed (NYSE: SITE | S&P: BB), SiteOne Landscape Supply investment property located in El Reno, Oklahoma (Oklahoma City MSA). The tenant, SiteOne Landscape Supply, LLC, recently signed a brand new 10 year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases throughout the initial term and each option period, providing a strong hedge against inflation. The lease is NN+ with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. SiteOne is a premier provider in the landscape supply industry, boasting a market capitalization of nearly $6.5 billion and an extensive network of over 690 locations nationwide. The property is situated on a large 9+ acre parcel, featuring approximately 2.75 acres of outdoor storage, providing ample space for equipment, inventory, and operational flexibility.

PROPERTY FACTS

Price $2,833,000
Price Per SF $311.22
Sale Type Investment
Cap Rate 6.30%
Property Type Flex
Property Subtype
Light Distribution
  • General Retail Freestanding
Building Class B
Lot Size 9.29 AC
Rentable Building Area 9,103 SF
No. Stories 1
Year Built/Renovated 2020/2026
Tenancy Single
Parking Ratio 5.05/1,000 SF
Zoning I-2 - Industrial

AMENITIES

  • 24 Hour Access
  • Fenced Lot

UTILITIES

  • Gas - Propane
  • Water - Well
  • Sewer - Septic Field

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
090023075
Land Assessment
$34,084
Improvements Assessment
$147,412
Total Assessment
$181,496
  • Listing ID: 39229561

  • Date on Market: 1/27/2026

  • Last Updated:

  • Address: 16399 W US Highway 66, El Reno, OK 73036

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