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7113 NW 36th St
Bethany, OK 73008
Daycare Retail Investment · Retail Property For Sale

Investment Highlights

  • $5,753 per month with annual 5% increase.
  • projected total value of lease $381,467.464
  • fully updated in 2022
  • this NNN lease has just under 5 years left
  • 8% average cap rate over full term of lease

Property Facts

Property Type
Retail
Property Subtype
Day Care Center
Building Size
6,275 SF
Building Class
B
Year Built/Renovated
1987/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.68 AC
Zoning
C-G - Commercial General
Parking
20 Spaces (3.19 Spaces per 1,000 SF Leased)
Frontage
78’ on 36th St

Amenities

  • Pylon Sign
  • Tenant Controlled HVAC
  • Air Conditioning

About 7113 NW 36TH ST , BETHANY, OK 73008

This property in Bethany, Oklahoma is a solid investment, offering not only a prime location near Southern Nazarene University and Route 66, but a reliable tenant in the form of a thriving daycare center. Occupying the entire 6,275 sq.ft building on a 0.68-acre lot, the daycare is currently operating at full capacity under a secure 5-year lease. As an NNN investment, this property stands out, particularly for those interested in a 1031 exchange. The lease has an annual rate increase of 5%, with the deal's total value projected to reach $398,614 by the end of the fifth year. Key investment highlights include: • 1 Reliable Income: The long-term lease agreement with the daycare center assures consistent revenue. • 2 Growth Potential: The demand for daycare services in the area suggests room for growth. • 3 Low Vacancy Risk: The current tenant's reliability minimizes the risk of vacancies. The property also comes with additional lot space for possible expansion, plenty of parking, and is commercially zoned, adding versatility to the investment. Capitalize on this investment opportunity to secure a steady income stream and participate in Bethany's community success.

Property Taxes

Property Taxes

Parcel Number
172620400
Land Assessment
$11,414
Improvements Assessment
$57,622
Total Assessment
$69,036
  • Listing ID: 29361246

  • Date on Market: 8/24/2023

  • Last Updated:

  • Address: 7113 NW 36th St, Bethany, OK 73008

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