1501 Shawnee St, Muskogee, OK 74401
5,378 SF | Retail Building | Muskogee, OK 74401 | $1,709,034 ($318/SF) | 7.25% Cap Rate
For Sale
Active
2 pictures
Asking Price $1,709,034
- Property Type
-
Retail
- Square Feet
- 5,378 SF
- Price / Square Foot
- $318
Listing Contacts
Glen Kunofsky
Francis Purritano
Walker Stevens
- Property Info
Property Overview
NNN Pro Group is pleased to present the exclusive listing for an America’s Cart Mart located at 1501 W Shawnee St in Muskogee, Oklahoma. The site consists of roughly 5,378 rentable square feet of building space on estimated 1.86-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 $123,905 and is scheduled to increase 8% in the first renewal option and 5% in the second renewal option.
Property Details
- Class
- C
- Year Built
- 2009
- Stories
- 1
- Property Subtype
- Vehicle Related
- Lot Size (sq. ft)
- 81,022 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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