1603 East Washington Street
Idabel, OK
Price:
$2,714,000
Cap Rate:
6.15%
NOI:
$166,905
Building Size:
Approx. 2,125 Sq. Ft.
Lot Size:
Approx. 0.56 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Service
Investment Overview
- 2023 Construction. 2,125+/- SF Building on 0.56+/- Acre Site
- 15-Year Corporate Absolute NNN Lease with 10% Rent Increases Every 5-Years
- Excellent Hard Corner Location at the Intersection of E Washington St and N Brookwood Dr.
- Subject Property Is Next to the Choctaw Casino – Idabel, a Resort Casino Operated by the 3rd Largest Indian Nation in the US.
- Located Near Several National Retailers, Including Walmart Supercenter, Harbor Freight Tools, Taco Bell, Aaron’s Furniture Store & More.
- Jiffy Lube is the National Leader in Quick Lube Services with More Than 2,200 Locations Nationwide.
- Idabel | “Dogwood Capital of Oklahoma” | Population: 7,004+