Starbucks El Reno, OK

1504 Southwest 27th Street
El Reno, OK

Price: $2,197,000
Cap Rate: 5.85%
NOI: $128,500
Building Size: Approx. 2,225 Sq. Ft.
Lot Size: Approx. 0.625 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built: 2022

Investment Overview

  • 2023 Construction. 2,225+/- SF Building on 0.625+/- Acre Site
  • New Construction Site w/ 10 Year NN Lease w/ 8% Rental Increases Every 5 Years in Primary Term & 7.5% in Option Periods
  • Subject Property Located on SW 27th St w/ Access to Interstate 40 (35,000 VPD)
  • Across from Walmart (788,000 Customers Per Year) & Near Tractor Supply, Walgreens, McDonalds, KFC, Taco Bell, & More
  • Adjacent to 9 Hotels Totaling Over 337,000 SF
  • Starbucks is the Largest Specialty Coffee Retailer in the World w/ Over $32.3B in Revenue Across 35,000 Stores Globally
  • El Reno  | 27 Miles West of Oklahoma City | Growing City Off I-40