2015 South Green Avenue
Purcell, OK
Price:
$2,236,500
Cap Rate:
5.50%
NOI:
$123,000
Building Size:
Approx. 2,223 Sq. Ft.
Lot Size:
Approx. 0.56 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2022
Investment Overview
- 2022 Construction. 2,223+/- SF Building on 0.56+/- Acre Site
- Brand New 10 Year Corporate Net Lease w/ 10% Rental Increases in Both Primary Term and Options
- Excellent Location Along S Green Ave (11K VPD) Just off of Monarch Hwy (36K VPD)
- Subject Property is Located on a Walmart Outparcel (Over 800K Visitors Annually)
- Good Population Demos w/ an est. 11,500 Residents Living Within Five Miles of the Site
- Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
- Purcell | Known as the “Heart of Oklahoma” | Population: 6,500+
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