Starbucks | Ground Lease Chickasha, OK

2304 S 4th St
Chickasha, OK

Price: $2,457,500
Cap Rate: 5.25%
NOI: $129,000
Building Size: Approx. 2,225 Sq. Ft.
Lot Size: Approx. 0.964 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2022

Investment Overview

  • 2022 Construction. 2,225+/- SF Building on 0.964+/- Acre Site
  • New Construction 20 Year Ground Lease Site w/ 8% Rental Increases Every 5 Years
  • High-Traffic Location at the Intersection of I-44 (44K VPD) & Hwy 277 (17K VPD)
  • Near Walmart Supercenter, Shoe Dept., Aldi, Aaron’s, Hibbett Sports, Maurices, etc.
  • Strong Income Demographics w/ est. $79,892 within a 1-Mile Radius
  • Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
  • Chickasha | Home to The University of Science and Arts of Oklahoma | Population: 16,000+