- New 20 Year Absolute NNN Lease will Commence Upon Close of Escrow - Absolute NNN Lease Requires Zero Landlord Responsibilities - 1% Annual Increases Including the Option Periods - Guaranteed By Top Franchisee Nationwide (285 Locations)
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.
Price Reduction!!! Beautiful Strip Center in shadow of Super Market. Tenants on NNN lease include ; Jun' s Beauty Supply, Subway, Check N' Go, Hello Unlimited, Peoria Street Liquor, Cox Communications. Excellent Parking. Motivated seller. Delivered debt free.
The property is a well located, corporate absolute NNN Jack in the Box with 17+ years remaining in the primary lease term, in the city of Stillwater, OK. Stillwater is home to one of the country's great educational institutions: Oklahoma State University, which is just down the street from the property. The University feeds this 24 hour drive-thru restaurant with a bustling flow of students, faculty and visitors resulting in tremendous drive-by and walk-by traffic.
Price Upon Req.8,320 SF
PLEASE NOTE: THE CLOSING DATE FOR THIS TRANSACTION IS DECEMBER 29, 2015. Auction.com and Marcus & Millichap are pleased to present the exclusive listing for a Family Dollar located at 1105 East Tulsa Avenue in Kansas, Oklahoma. The property consists of 8,320 square feet of building space and sits on 2.17 acres of land. The property is subject to a double net (NN) lease that expires 6/30/2021. The base rent is $89,950 with over six years remaining in the original lease term and five, five-year option periods. Family Dollar is one of the fastest growing discount store chains in the United States. Their merchandising strategy is what drives their growth and provides customers with attractive values on basic goods for the family and home in a small-box, neighborhood format. The company has been a publicly held corporation since 1970 and its common stock is listed on the New York Stock Exchange under the ticker symbol FDO and has a S&P rating of BBB-.
Retail/Office Center of Town on US 177. High traffic.
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.
Industry leader Yummy Holdings, LLC is the franchise obligated to the 20-year base term NNN lease executed in June 2008. Originally built in 1982, the building was renovated by the franchisee in 2011. Long John Silver's along with co-branded A&W occupied this attractively located QSR property for 6 years before electing to cease its fast-food operations in June 2014. Franchisee remains obligated to the terms of the lease and continues to pay all expenses associated with the property in a timely manner. A speculative investor seeking to realize an immediate above market return can capitalize on the property's exceptional location and area's significant growth to identify another national tenant willing to negotiate a new long-term lease while having guaranteed in-place income. Contact Listing Agent for Offering Memorandum.
The Tulsa Metropolitan Statistical Area (MSA) comprises seven counties with an aggregate population estimated at 916,457 or 25.1 percent of the population in Oklahoma with gross product of all goods and services produced in the seven-county MSA at 29 percent of the Oklahoma economy. Tulsa is centrally located in the United States and its transportation system makes it remarkably connected to the rest of the world. Some of the nation' s largest companies in key industry sectors including aerospace, energy, health care, technology, manufacturing and transportation make their home in Tulsa because of its location, pro-business environment and insulation from many effects of the current national recession.
CBRE is pleased to present the opportunity to acquire a single-tenant property, NNN leased to Slim Chickens (corporate/franchisor), located at 1100 East Hillside Drive North in Broken Arrow, Oklahoma. The new construction property totals 2,992 square feet, situated on 1.27 acres and is located as an outparcel to the Shops at Broken Arrow Development, housing retailers such as Target, Marshall's, Dick' s Sporting Goods and PetSmart.