1501 S Muskogee Ave - Freestanding FOR SALE


Tahlequah, OK 74464
$4,644,560 USD
332-345-4222
1501 S Muskogee Ave, Tahlequah, OK for Sale
$4,644,560 USD
Freestanding - FOR SALE
1/2
null | 7.5% Cap Rate

1501 S Muskogee Ave
Tahlequah, OK 74464


HIGHLIGHTS

  • Long-Term, Brand New 20-Year Absolute Triple Net (NNN) Lease
  • Attractive Rental Increases | The lease will feature 2.00% rental increases starting in year 7.
  • Growing Credit The lease is subject to a corporate guarantee by Join Parachute.

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Parachute Plasma located at 1501 S. Muskogee Ave, Tahlequah, OK 74464. The site consists of roughly 6,917 rentable square feet of building space on an estimated 0.87-acre parcel of land. This Parachute Plasma is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $348,342 and has scheduled increases of 2.00% annually starting year 7.

FOR SALE DETAILS

PRICE

$4,644,560 USD

PRICE/SF

$671 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parachute Plasma

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

-

APN/PARCEL ID

3080-00-020-004-0-000-00

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.