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1621 S Division St
Guthrie, OK 73044

Price Upon Request

Drugstore For Sale  •  10,500 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 10,500 SF
  • Lot Size 1.48 AC
  • Building Class B
  • Year Built 2007
  • Tenancy Single
  • Zoning C-2
0 Transit Score
35 Walk Score

Highlights

STABLE INCOME - Income guaranteed by Walgreens corp., investment grade credit rating of BBB (S&P), top 20 Fortune 500, with ±9,500 locations.
ABSOLUTE NET LEASE - Drive-thru pharmacy with ±12.5 years remaining on an absolute net lease, 50 years in options and no landlord responsibilities.
ASSUMABLE INTEREST ONLY FINANCING CASH ON CASH RETURN 10.29% - Subject to assumption of current interest only loan, $1.5M downpayment.
ONLY DRUGSTORE IN THE TRADE AREA - Only drugstore in the main Guthrie trade area with the nearest national chain drugstore over 13 miles away.
OKLAHOMA CITY MSA LOCATION - Located in the suburb of Guthrie, ±32 miles north of downtown OKC within the Oklahoma City MSA.
MAIN & MAIN LOCATION NEAR WALMART SUPERCENTER - Located in main retail corridor in 19 miles directly across the street from a Walmart Supercenter.

Amenities

  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
Will Rogers World 54 min - 39.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 45
Type: Surface
Included in Rent: Yes