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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



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
Amenities
- 24 Hour Access
- Fenced Lot
Utilities
- Gas - Propane
- Water - Well
- Sewer - Septic Field
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Property Taxes
| Parcel Number | 090023075 | Improvements Assessment | $147,412 |
| Land Assessment | $34,084 | Total Assessment | $181,496 |
Property Taxes
Parcel Number
090023075
Land Assessment
$34,084
Improvements Assessment
$147,412
Total Assessment
$181,496
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
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SiteOne Landscape Supply | 16399 W US Highway 66
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