Starbucks Purcell, OK

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+