Take 5 Oil Change
Shawnee, OK
Key Details
| Price: | $1,680,000 |
|---|---|
| Cap Rate: | 6.25% |
| Annual Rent: | $105,000 |
| Address: | 4734 North Kickapoo Avenue, Shawnee, Oklahoma 74804 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 20 Years |
|---|---|
| Lease Expiration: | 20 Years from Close of Escrow |
| Lease Term Remaining: | 20 Years |
| Rental Increases: | 1.50% Annually |
| Lot Size: | 0.56 Acres |
| Building Size: | 1,418 SF |
| Year Built: | 2024 |
NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 4734 North Kickapoo Avenue, Shawnee, Oklahoma 74804. The site consists of roughly 1418 rentable square feet of building space on an estimated 0.56-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease, which will commence upon close of escrow. The annual rent will be $105,000 and has scheduled increases of 1.50% Annually.
About the Investment
- Dense Retail Corridor | The subject property benefits from being strategically located in a dense retail corridor with a mix of local and national tenants. Major national tenants in the immediate area include Lowes, Walmart, Kohl's, ALDI, CVS, Chickfil- A, McDonalds, Taco Bell and many more
- Strong Academic Presence | The subject investment property is located within close proximity to Oklahoma Baptist University, which has an enrollment of more than 1,390 students.
- SSM Health St. Anthony Hospital - Shawnee | The subject investment property is located within close proximity to SSM Health St,. Athony Hospital which has over 773 staffed beds.
- Strong Traffic Counts | The subject investment property experiences high traffic counts across Vietnam Veterans Memorial Highway and N Kickapoo Street, which have average traffic counts of 25,540 and 16,590 vehicles per day respectively.
Key Details
| Price: | $1,680,000 |
|---|---|
| Cap Rate: | 6.25% |
| Annual Rent: | $105,000 |
| Address: | 4734 North Kickapoo Avenue, Shawnee, Oklahoma 74804 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 20 Years |
|---|---|
| Lease Expiration: | 20 Years from Close of Escrow |
| Lease Term Remaining: | 20 Years |
| Rental Increases: | 1.50% Annually |
| Lot Size: | 0.56 Acres |
| Building Size: | 1,418 SF |
| Year Built: | 2024 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Edward Otocka
eotocka@nnnpro.com
License: NY: 10401298466
Amelia Haydock
ahaydock@nnnpro.com
License: NY: 10401334976
Francis Purritano
fpurritano@nnnpro.com
License: NY: 10401333619
Gordon Pollock
gpollock@nnnpro.com
License: NY: 10401370688
Broker of Record
Brian Brockman
Bang Realty-Oklahoma, Inc
License: 177814
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.