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High-Performing Walgreens in Affluent Area 5901 NW 122nd St 14,490 SF Retail Building Oklahoma City, OK 73142 $5,290,472 ($365.11/SF) 7.75% Cap Rate
INVESTMENT HIGHLIGHTS
- MISSION CRITICAL LOCATION - 2 Miles from Mercy Hospital OKC, a 380 bed leader in breast imaging, robotic surgery and cancer center
- RAPID POPULATION GROWTH - 39% population increase since 2000 within a 3-mile radius
- ZERO LANDLORD RESPONSIBILITIES - Zero LL responsibilities for operating or capital expenses
- TOP PERFORMING STORE - Over $3.5 million in reported store sales for 2024
- AFFLUENT DEMOGRAPHICS - Average Household Income is above $104,000 within a 3- mile radius
- SIGNALIZED INTERSECTION - Excellent visibility at the signalized intersection of MacArthur Blvd and 122nd St, with over 20,000 ADT
EXECUTIVE SUMMARY
Marketing description
MISSION CRITICAL LOCATION - 2 Miles from Mercy Hospital OKC, a 380 bed leader in breast imaging, robotic surgery and cancer and stroke treatment
TOP PERFORMING STORE - Over $3.5 million in reported store sales for 2024
RAPID POPULATION GROWTH - 39% population increase since 2000 within a 3-mile radius
ZERO LANDLORD RESPONSIBILITIES - Zero LL responsibilities for operating or capital expenses
SIGNALIZED INTERSECTION - Excellent visibility at the signalized intersection of MacArthur Blvd and 122nd St, with over 20,000 ADT
AFFLUENT DEMOGRAPHICS - Average Household Income is above $104,000 within a 3- mile radius
MISSION CRITICAL LOCATION - 2 Miles from Mercy Hospital OKC, a 380 bed leader in breast imaging, robotic surgery and cancer and stroke treatment
TOP PERFORMING STORE - Over $3.5 million in reported store sales for 2024
RAPID POPULATION GROWTH - 39% population increase since 2000 within a 3-mile radius
ZERO LANDLORD RESPONSIBILITIES - Zero LL responsibilities for operating or capital expenses
SIGNALIZED INTERSECTION - Excellent visibility at the signalized intersection of MacArthur Blvd and 122nd St, with over 20,000 ADT
AFFLUENT DEMOGRAPHICS - Average Household Income is above $104,000 within a 3- mile radius
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,490 SF
Building Class
B
Year Built
2008
Price
$5,290,472
Price Per SF
$365.11
Cap Rate
7.75%
NOI
$410,012
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.93 AC
Zoning
C-3 CUP-20D
Parking
60 Spaces (4.14 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 149471015 | Improvements Assessment | $145,626 |
| Land Assessment | $106,334 | Total Assessment | $251,960 |
PROPERTY TAXES
Parcel Number
149471015
Land Assessment
$106,334
Improvements Assessment
$145,626
Total Assessment
$251,960
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