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Absolute NNN | C-Store (Sale-Leaseback) | Edmond (Oklahoma City), OK

Market Price

19401 Portland Avenue, Edmond, OK 73012

Active
Last Updated: 06/21/2021

8

Cap Rate

526,000

NOI

Details:
Cap Rate:    8%
NOI:    $526,000
Class:    A
Lease Type:    Absolute Net
Year Built:    2015
Tenancy:    Single
Investment Strategy:    Core
Lease Expire Year:    01/1/2035
Highlights:
  • New 15 Year completely passive NNN lease structure with zero landlord responsibilities or expenses
Description:

Property Description:
10,710 SF building
1.45 acres
Constructed in 2015 (modern c-store prototype)
7 double-sided MPDs; 1 double-sided SPD (16 pos.)

Map:
Location
Gallery