317 North Perkins Road
Stillwater, OK
Price:
$2948000
Cap Rate:
4.75%
NOI:
$140,000
Building Size:
Approx. 3567 Sq. Ft.
Lot Size:
Approx. 1.43 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2017
Investment Overview
- 2017 Build. 3,567+/- SF Building on 1.43+/- Acre Site
- 15-Yr Corp NNN Ground Lease w/ 10% Rent Bumps After Year 10
- Strategically located N. Perkins (21,000 VPD), E. Hall of Fame Ave
- Less than .5-Miles E of Oklahoma State University (25,594 Students)
- Attractions: Boone Pickens Stadium | Lake Carl Blackwell (350-Acres)
- Stillwater is Ranked: “Top 20 Cities for quality of life” – Bizjournals
- Major Employers: Stillwater Medical Center (750 Empl) | OSU (7K Empl)
- OSU fundraising initiative, $1 Billion, elevating university to new heights
- 3-Mile Radius: 2017 Est Day Pop: 31,675 l 5-Mile Avg. HH Income: $52,083