Raising Cane’s – GL Stillwater, OK

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

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