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Stan Johnson Company is pleased to offer for sale to qualified investors an attractive Sherwin-Williams property located at 98 South Mustang Road in Yukon, Oklahoma (the Property ). The subject Property is 100% leased to The Sherwin-Williams Company under an original Ten (10) year lease term that expires February 28, 2015. The tenant has recently exercised their first option, which will extend the lease for an additional Five (5) years, with Three (3), additional Five (5) year options to renew.
Property has ample street frontage, abundant parking and great visibility. Located in the growing, affluent community of Yukon, OK which has strong demographics and average household incomes in excess of $72K.The property is strategically located on historic US 66 at the gateway of vibrant, downtown Yukon. The Property will be Deed restricted against future bowling use.
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Yukon Village is a well-leased 185,681 sf center, built in phases 2008-2014. Most of the occupancy is national, name-brand tenants, and it is 14 miles west of downtown Oklahoma City. This offering consists of six buildings on five parcels. Three parcels are encumbered by the same securitized loan, and two parcels are unencumbered.