Starbucks Ada, OK

1600 N Mississippi Ave
Ada, OK

Price: $2,051,000
Cap Rate: 5.50%
NOI: $112,800
Building Size: Approx. 2,117 Sq. Ft.
Lot Size: Approx. 0.78 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2020

Investment Overview

  • 2020 Construction. 2,117+/- SF Building on .78+/- Acre Site
  • 10-Year Corporate Lease w/ 10% Rent Bump Every 5-Years
  • Located along J A Richardson Loop and Mississippi Avenue
  • Signalized, High Traffic Intersection | Main Retail Corridor
  • Near Walmart, Home Depot, Chick-Fil-A, ALDI, Pizza Hut
  • 1-Mile North of East Central University (4,500 Students)
  • Ada is home to the Chickasaw Nation – $12B annual sales
  • Strong Income Demos w/ $62,223 within a 3-Mile Radius
  • Greater Oklahoma (MSA) | Top 10 Fastest-Growing in U.S.