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Maverik 1890 N Perkins Rd 5,150 SF Retail Building Stillwater, OK 74075 $3,762,288 ($730.54/SF) 6.25% Cap Rate



Investment Highlights
- Absolute NNN Lease
- Corporate Guarantee
- Oklahoma State University
- Annual Increases
- Bonus Depreciation
- Student Housing
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Maverik located at 1890 North Perkins Road, Stillwater, Oklahoma 74075. The site consists of roughly 5150 rentable square feet of building space on an estimated 1.66-acre parcel of land. This Maverik is subject to a 20-year Triple Net (NNN) lease, which commenced 7/15/2010. The current annual rent is $235,143 and has scheduled increases of 1.50% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
5,150 SF
Building Class
C
Year Built
2008
Price
$3,762,288
Price Per SF
$730.54
Cap Rate
6.25%
NOI
$235,143
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.66 AC
Frontage
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 600012577 | Improvements Assessment | $188,891 |
| Land Assessment | $155,815 | Total Assessment | $344,706 |
Property Taxes
Parcel Number
600012577
Land Assessment
$155,815
Improvements Assessment
$188,891
Total Assessment
$344,706
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