2526 N Main St - Retail FOR SALE


Miami, OK 74354
$2,190,000 USD
405-840-4000
2526 N Main St, Miami, OK for Sale
$2,190,000 USD
Retail - FOR SALE
1/6
null | 6.3% Cap Rate

2526 N Main St
Miami, OK 74354


HIGHLIGHTS

  • Near Super Walmart
  • Off Route 66
  • Last Major Town Before Missouri

OVERVIEW

Brand New Construction with a Corporate 10-Year Triple Net Lease in Miami, Oklahoma off of U.S. Rt. 66 This Starbucks out parcel on a Tractor Supply and Locke Supply features a brand-new 10-year corporate triple net lease (NNN) with Starbucks Corporation (NASDAQ: SBUX). The property is at a strategic location directly across from a Super Walmart. Starbucks Corporation, the world’s leading coffee company with over 38,000 locations worldwide and annual revenue exceeding $36 billion. Lease Terms: 10-year triple net lease with a solid investment-grade tenant, rated "BBB+" by Standard & Poor’s. Rent Increases: 7.0% rental increases every five years, ensuring growing returns over the lease term. Per Statista, the average Starbucks customer visits six times per week, contributing to approximately 60 million customers served weekly and four million coffee-based beverages sold daily.

FOR SALE DETAILS

PRICE

$2,190,000 USD

PRICE/SF

$862 USD /SF

CAP RATE

6.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

5350-13-028-022-0-001-00

ASK ABOUT THIS PROPERTY

Eddie CookTall Grass Capital, LLCMore Info
405-840-4000

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Eddie CookTall Grass Capital, LLCMore Info
405-840-4000

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