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3531 Owen K Garriott rd
Enid, OK 73703

$1,567,000 USD

General Retail For Sale  •  3,253 SF

Property Details

• Property Type General Retail
• Total Building Size 3,253 SF
• Year Built 2013
• Cap Rate 7.27 %

50 Walk Score

Highlights

Absolute NNN lease with ±7.7 years remaining and 10% rent increases every 5 years

Corporate guaranteed by Aspen Dental Management, Inc. with 1,100+ locations nationwide

Freestanding, purpose-built dental facility on oversized 1.50-acre lot

High visibility location with ±21,600 vehicles per day on main retail corridor

Current NOI of $113,855 and 7.27% cap rate, increasing to 8.00% in ±2.7 years

Passive investment with minimal landlord responsibilities and strong tenant commitment

Cap Rate:

7.27 %