Walgreens is the #1 pharmacy in America by any measure. Walgreens provides the most convenient access to consumer goods and services, and pharmacy, health and wellness services, in America. They sell prescription and non-prescription drugs as well as general merchandise, including convenience and fresh foods, household items, personal care, photofinishing and beauty care. Their pharmacy, health and wellness services include retail, specialty, infusion and respiratory services, mail service, convenient care clinics and wellness centers. These services help improve health outcomes for patients and manage costs for payers including employers, managed care organizations, health systems, pharmacy benefit managers and the public sector.
- Mattress Firm Opening Q3 2016 - 10% Rent Bump Every 5 Years - Brand New 11 Year NNN Lease - Extremely Minimal Landlord Responsibilities - Tenant Maintains and Repairs Parking Lot
The property is strategically located on East 116th Street North, with a traffic count of 19,610 vehicles per day, just off of the on-ramp and off-ramp to U.S. Route 169. A prime commuter location, the site is located just 12 miles from downtown Tulsa and is easily visible and accessible to 40,000 vehicles per day from the highway. The property is an outparcel to a busy Reasor' s grocery store and shopping center, and benefits from its close proximity to complimentary tenants such as Walgreens, McDonald' s, Walmart Neighborhood Market, Taco Bell, and Sonic Drive-In. Just down the highway from the site, is Owasso' s prime shopping district, featuring national retailers such as Target, Ashley Furniture, JCPenney, Kohl' s, Ashley Furniture, Old Navy, and many others. The property is also located near Owasso' s two hospitals: St. John Owasso, a 106,000 square foot hospital connected to a 70,000 square foot medical office building, and the 73-bed Bailey Medical Center, Owasso' s largest hospital.
Leased to Family Dollar Stores, Inc. for 15 years with an expiration of March 30th, 2030 at an annual net rent of $106,694. There are six, five year options. The rent increases by 10% in year 11 of the initial term and at the beginning of every 5 year option period. The lease is net, with the tenant responsible for taxes, insurance, and all maintenance, including roof and structure. Seminole's downtown is located less than a mile south from the property. Additionally, Family Dollar relocated from an older, mid-block store indicating Family Dollar's strong desire to operate in Seminole.
Price Upon Req.6,740 SF
DaVita is one of the 2 largest dialysis companies in the U.S. with over 2,100 domestic locations and serves over 7 million people worldwide Publicly traded S&P Rated BB-, NYSE symbol DVA . Recession resistant and growing business catering to captive audience baby boomer demographic. Warren Buffett' s Berkshire Hathaway owns almost 20% of the outstanding stock of DaVita. Directly across from McCurtain Memorial, a 110+ bed full service hospital ! Free - Standing Building; New 2015 Construction Brand new 15 year lease w/10% rent bumps every 5 years in primary term and FMV rent bumps in the option periods !
The property enjoys the tenancy of several national retailers such as Goodwill, Ace Hardware, Chase Bank, Payless Shoes and a healthy mix of other regional and local tenants.
Fortis Net Lease is pleased to present Taco Bell located in Shawnee, OK. The property has 13 Years remaining on the lease and requires no landlord responsibilities. This taco bell location is drive thru equipped and has very strong store sales exceeding the national taco bell average.
Stan Johnson Company is pleased to present to qualified investors the opportunity to acquire 100% fee simple interest in a three-tenant property leased to Aaron' s, Inc., U.S. Cellular and Advance America (the Property ), located in Lawton, OK. This excellent quality, fully-stabilized 13,275 SF Property is located on approximately 1 acre at the southwest corner of the intersection of NW Cache Road and NW Sheridan Road in Lawton, OK. The location is across NW Sheridan from Walmart Supercenter and Sam' s Club. The Property is adjacent to Staples and Rent-A-Center. The Property is primarily occupied by Aaron' s, Inc., which occupies 9,000 SF of the 13,275 SF or roughly 70% of the strip center. The corporate Aaron' s lease will generate 60% of the Property' s income through lease maturity in August 2023. The Property has been 100% occupied since its construction with the same three tenants in place since that same date.
Absolute NNN leased investment opportunity with a publicly traded NYSE tenant. Over 25 years at this location with locations across the country.