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7-Eleven NNN // Oklahoma City, OK

$7,714,758

12121 Northwest Expressway, Yukon, OK 73099

Active
Last Updated: 01/19/2023

4.35

Cap Rate

335,592

NOI

Details:
Cap Rate:    4.35%
NOI:    $335,592
Building Size:    5,341 sqft
Lot Area:    1.75 acres
Occupancy:    100%
Class:    A
Lease Type:    Absolute Net
Year Built:    2021
Tenancy:    Single
Year Last Renovated:    2021
Investment Strategy:    Core
Lease Expire Year:    10/31/2036
Highlights:
  • Attractive Higher-Yielding 7-Eleven STNL relative to comparable offerings
  • Ideal 1031 Replacement Property potentially Eligible for Bonus Depreciation
  • 7-Eleven Corporately Operated “Travel Center” format offering 10 fueling positions, plus 3 dedicated high-flow diesel lanes
  • Laredo Taco Company® offering “coming soon”
  • Located at heavily trafficked signalized intersection of Hwy 3 (NW Expressway) & Hwy 4 (N Piedmont)
  • Corporate Guarantee 7-Eleven, Inc. (Investment Grade - S&P: AA-)
  • Absolute NNN Investment (Zero Landlord Responsibilities)
  • 15-year, plus (4) 5-year options to renew
  • 7.5% rental escalations every 5 yrs. including options
Description:

• Attractive Higher-Yielding 7-Eleven STNL relative to comparable offerings
• Ideal 1031 Replacement Property potentially Eligible for Bonus Depreciation
• 7-Eleven Corporately Operated “Travel Center” format offering 10 fueling positions, plus 3 dedicated high-flow diesel lanes
• Laredo Taco Company® offering “coming soon”
• Located at heavily trafficked signalized intersection of Hwy 3 (NW Expressway) & Hwy 4 (N Piedmont)
• Corporate Guarantee 7-Eleven, Inc. (Investment Grade - S&P: AA-)
• Absolute NNN Investment (Zero Landlord Responsibilities)
• 15-year, plus (4) 5-year options to renew
• 7.5% rental escalations every 5 yrs. including options

Map:
Documents:
Title
7-Eleven__42019___Yukon_OK___Executive_Summary_.pdf
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