2346 E Kenosha St | Broken Arrow, OK 74012
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2346 E Kenosha St
Broken Arrow, OK 74012
Scooters Coffee · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand new 2021 build-to-suit construction
- Extremely attractive 7% increases every 5 years for the life of the lease
- Franchisee operated store with a very substantial personal guaranty (see broker for more details)
- 15-Year absolute NNN lease which will commence at the close of escrow
- Average cap rate of 6.43% over the base term of the lease (assuming a purchase at list price)
- Located at the intersection of Kenosha St & 23rd St with combined traffic counts of ± 55,000 vehicles daily
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
592 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.45 AC
Zoning
IL
AMENITIES
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 81920-84-01-61430 | Improvements Assessment | $42,240 |
| Land Assessment | $48,180 | Total Assessment | $90,420 |
PROPERTY TAXES
Parcel Number
81920-84-01-61430
Land Assessment
$48,180
Improvements Assessment
$42,240
Total Assessment
$90,420
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