203 Morton Avenue
Ripley, OK
Price:
$968,160
Cap Rate:
7.50%
NOI:
$72,612
Building Size:
Approx. 2,019 Sq. Ft.
Lot Size:
Approx. 0.54 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
1983
Investment Overview
- 2,019+/- SF Building on 0.54+/- Acre Site.
- New 2021 Remodel that is Strategically Located Along Morton Ave (SH-108)
- New 20-Year Absolute NNN Lease w/ 10% Rent Bumps Every 5 Yrs
- Newly Rebranded as Shell Property with Excellent Visibility in the Heart of Ripley
- The Shell Company has $344.9 Billion in Revenue, 44,000+ Locations and an A-1+ Credit Rating
- Ripley | Located 15 Miles from Stillwater | Stillwater is Home of Oklahoma State University