Mountain Express Absolute NNN Leased Offering 1121 North Main Street, Newcastle, OK Newcastle ( Oklahoma, US ) Built

$744,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 2,400 sq. ft.
  • Development Level: Built
  • Lot Size: 0.39 acres

Description

Mountain Express Absolute NNN Leased Offering 1121 North Main Street, Newcastle, OK

Cap Rate: 7.25%
NOI: $54,000
Building Size: 2,400 sqft
Lot Area: 0.39 acres
Lease Type: Absolute Net

DESCRIPTION
This is an absolute net leased C-Store offering in New Castle, Oklahoma. This Shell branded station has a new 20 year absolute NNN lease and calls for 2% annual increases in rent. The lease is corporately guaranteed by a leading 462-unit operator.

HIGHLIGHTS
• 20-year, Absolute NNN Master Lease
• Zero Landlord Obligations
• Scheduled 2% Annual Rent Increases
• Leading 462-unit Operator Generating Over $412 Million Annual Revenues And $47 Million Annual EBITDA
• Operator Supplies 210 Million Gallons Of Fuel Annually
• Rapidly-growing Operator; Acquired 43 New Locations Last Year And In Process Of Acquiring 57 New Sites

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

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Information is deemed to be correct but not guaranteed.