1224 Jet Dr, Midwest City, OK 73110

1,418 SF | Retail Building | Midwest City, OK 73110 | $1,680,000 ($1,185/SF) | 6.25% Cap Rate

Asking Price $1,680,000

Property Type
Retail
Square Feet
1,418 SF
Price / Square Foot
$1,185

Listing Contacts

Glen Kunofsky
Glen Kunofsky
Edward Otocka
Edward Otocka
Amelia Haydock
Amelia Haydock
Francis Purritano
Francis Purritano
Gordon Pollock
Gordon Pollock
  • Property Info

Property Overview

NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change
located at 1224 Jet Dr, Midwest City, OK 73110. The site consists of roughly
1,418 rentable square feet of building space on an estimated 0.42-acre
parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net
(NNN) lease which will commence upon close of escrow. The annual rent
will be $105,000 and has scheduled increases of 1.50% Annually.

Property Details

Class
C
Year Built
2024
Stories
1
Property Subtype
Service
Lot Size (sq. ft)
35,719 SF

Highlights

  • At closing the tenant will execute a brand-new 20-year absolute triple-net lease. The lease will have no landlord responsibilities.
  • The lease will feature 1.5% annual rental increases and four (4), five (5) year renewal options.
  • Driven Funding Holdco, LLC (~3,500 Units)

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].