224 East Cherry Street
Cushing, OK
Price:
$980,000
Cap Rate:
7.50%
NOI:
$73,500
Building Size:
Approx. 855 Sq. Ft.
Lot Size:
Approx. 0.48 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
1979
Investment Overview
- 855+/- SF Building on 0.48+/- Acre Site. New 2021 Remodel
- New 20-Year Absolute NNN Lease w/ 10% Rent Bumps Every 5 Yrs
- Strategically Located at the Signalized Intersection of E Cherry St & S Nobel Ave
- Newly Rebranded as Shell Property with Excellent Visibility in the Heart of Cushing
- The Shell Company has $344.9 Billion in Revenue, 44,000+ Locations and an A-1+ Credit Rating
- Near Dollar General, U.S. Postal Service, Walmart, Sonic, McDonald’s, O’Reilly Auto Parts