8707 US-59 - Service Station FOR SALE
Grove, OK 74344 |
$875,000 USD
512-920-5120
8707 US-59
Grove, OK 74344
HIGHLIGHTS
- Long-Term Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Limited Quick Lube Competition
- Seasoned Operator With Over 30 Years of Experience Working Within the Automotive Services Industry
- Strong Sales Performance at This Location
- Grove, OK is a Fast Growing Area, With an Average Population Growth Rate of 1.23% Over the Past Decade
- Largest City on Grand Lake O' the Cherokees
OVERVIEW
Sands Investment Group is Pleased to Present Exclusively For Sale the 1,650 SF Star Lube Located at 8707 US-59 in Grove, OK. This Deal Includes a Long-Term Triple Net (NNN) Lease With Zero Landlord Responsibilities to Begin at the Close of Escrow With a Seasoned Operator That Has Over 30 Years of Experience Working Within the Automotive Services Industry, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Oklahoma LLC-Lic #207753 BOR: Tom Gorman Lic. OK #207754
FOR SALE DETAILS
PRICE
$875,000 USD
PRICE/SF
$530 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Star Lube - Grove, OK
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Auto Dealership, Auto Repair, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
5
LAND DETAILS
LAND ACRES
0.51 AC
LAND SF
22,216 SF
ZONING
-
APN/PARCEL ID
0037181
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512-920-5120
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512-920-5120
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