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8707 US-59
Grove, OK 74344
Star Lube | Long Term NNN | Sale Leaseback · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Long-Term Triple Net (NNN) Lease With Zero Landlord Responsibilities Limited Quick Lube Competition
  • Tenant Operates a Total of 9 Location and Has Previously Sold Locations to Valvoline and Grease Monkey
  • Under a 10-Minute Drive From a Densely Populated Retail Area on Main
  • Seasoned Operator With Over 30 Years of Experience Working Within the Automotive Services Industry
  • Grove is a Fast Growing Area, With an Average Population Growth Rate of 1.23% Over the Past Decade and a Projected Growth Rate of 0.75%
  • Street With Major Retailers Such As: Walmart Supercenter, Lowe’s Home Improvement, Walgreens, and Several Area Restaurants

PROPERTY FACTS

Property Type
Retail
Property Subtype
Service Station
Building Size
1,650 SF
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.51 AC
Parking
5 Spaces (3.03 Spaces per 1,000 SF Leased)
Frontage
133’ on South 590 Road

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0037181
Land Assessment
$15,211
Improvements Assessment
$39,414
Total Assessment
$54,625
  • Listing ID: 28882471

  • Date on Market: 6/29/2023

  • Last Updated:

  • Address: 8707 US-59, Grove, OK 74344

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