America's Car Mart
5,188 SF | Retail Building | Sapulpa, OK 74066 | $793,614 ($153/SF) | 7% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $793,614
- Property Type
-
Retail
- Square Feet
- 5,188 SF
- Price / Square Foot
- $153
Listing Contacts
Glen Kunofsky
Verified Profile
Francis Purritano
Verified Profile
Walker Stevens
Verified Profile
- Property Info
Property Overview
NNN Pro Group is pleased to present the exclusive listing for an America’s Cart Mart located at 20 E Taft Ave in Sapulpa, Oklahoma. The site consists of roughly 5,188 rentable square feet of building space on estimated 1.24-acre parcel of land. This America’s Cart Mart is subject to an 8-year absolute triple-net (NNN) lease, which commenced January 1st, 2020. The current annual rent is $55,553 and is scheduled to increase 8% in the first renewal option and 5% in the second renewal option.
Property Details
- Class
- B
- Year Built
- 1982
- Stories
- 1
- Property Subtype
- Vehicle Related
- Lot Size (sq. ft)
- 54,014 SF
Highlights
- Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Corporate Guarantee (154+ Units)
- Eight Percent (8%) Rental Increase in Option 1; Five Percent (5%) Rental Increase in Option 2
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