331 Hwy 70 - Convenience Store FOR SALE
Boswell, OK 74727 |
331 Hwy 70
Boswell, OK 74727
HIGHLIGHTS
- 19 Years Remaining on a Triple Net Lease (NNN) With No Landlord Responsibilities
- Tenant Funded Facility Upgrades of Approximately $125,000 to Improve the Location and Increase Store Sales, as Required Per the Lease
- Fuel Branding Was Updated to Sunoco With New Canopies, Updated Fuel Dispensers, Installed New Street Signage and Redesigned the Store Layout Including
- Tenant Paying $7.07 in Rent Per SF/YR
- Rent Set at an Extremely Healthy Coverage Ratio of 3x
- Strategic Location For the Experienced Operators Taking Advantage of the Low Competition, Increasing the Margins in Their Business
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Shop N Hop NNN Convenience Store | Boswell OK
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Freestanding, Service Station, Storefront
TOTAL BUILDING SIZE
4008
STORIES
1
YEAR BUILT
1975
SPRINKLERS
-
PARKING SPACES
12
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
1001-18-06S-14E-3-007-00
