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.