4 W Hanover Ave | Coalgate, OK 74538
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4 W Hanover Ave
Coalgate, OK 74538
Shop N Hop | Hanover Ave | Coalgate, OK · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long Term 19 Year Lease With Zero Landlord Responsibilities
- Fuel Branding Was Updated to Sunoco With New Canopies, Updated Fuel Dispensers, Installed New Street Signage and Redesigned the Store Layout Including
- Strategic Location For the Experienced Operators Taking Advantage of the Low Competition, Increasing the Margins in Their Business
- Tenant Funded Facility Upgrades of Approximately $125,000 to Improve the Location and Increase Store Sales, as Required Per the Lease
- Rent Set at an Extremely Healthy Coverage Ratio of 3x
- Eligible For Accelerated Depreciation (Consult a Qualified CPA)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
C
Year Built
1975
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.39 AC
Zoning
C1
Parking
15 Spaces
Frontage
PROPERTY TAXES
| Parcel Number | 1001-00-078-004-0-001-00 | Improvements Assessment | $28,969 |
| Land Assessment | $5,518 | Total Assessment | $34,487 |
PROPERTY TAXES
Parcel Number
1001-00-078-004-0-001-00
Land Assessment
$5,518
Improvements Assessment
$28,969
Total Assessment
$34,487
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