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Restaurant

Starbucks w/ Drive-Thru | Oklahoma City MSA | Brand New Construction | Strong Demos

1100 N Moore Ave, Moore (Oklahoma City MSA), OK 73160

Listing Price: $2,237,903

Cap Rate
6.20%
Tenant Name
Starbucks
Years Remaining On Lease
9.8
Gross SF
1,672
Guarantor
Corporate Guarantee
Rentable SF
1,672
Price/Gross SF
$1,338.46
Lease Type
Double Net
Rent Per Square Feet
$82.98

Investment Overview

Moore is a city in Cleveland County, Oklahoma, and is part of the Oklahoma City metropolitan area. The population was 62,793 at the 2020 census, making Moore the seventh-largest city in the state of Oklahoma. Oklahoma City, officially the City of Oklahoma City, and often shortened to OKC, is the capital and largest city of the U.S. state of Oklahoma. The county seat of Oklahoma County, it ranks 22nd among United States cities in population, and is the 11th largest city in the Southern United States. The population grew following the 2010 census and reached 681,054 in the 2020 census. The Oklahoma City metropolitan area had a population of 1,396,445, and the Oklahoma City–Shawnee Combined Statistical Area had a population of 1,469,124, making it Oklahoma’s largest municipality and metropolitan area by population. Oklahoma City’s city limits extend somewhat into Canadian, Cleveland, and Pottawatomie counties, though much of those areas outside the core Oklahoma County area are suburban tracts or protected rural zones (watershed). The city is the eighth-largest in the United States by area including consolidated city-counties; it is the second-largest, after Houston, not including consolidated cities. The city is also the second largest by area among state capital cities in the United States, after Juneau, Alaska.

Investment Highlights

  • Starbucks w/ Drive-Thru Featuring 10% Rental Increase in 2029 and 8.5% at Each Option. Brand New 2023 High Quality Construction w/ Drive-Thru and 15-Year Roof Warranty.
  • Positioned Along Area's Retail & Traffic Corridor: Features Easy Access & Excellent Visibility - Adjacent to NW 12th St, which Features Daily Traffic Counts Exceeding 21k Vehicles.
  • Starbucks has a S&P Investment Grade Credit Rating of "BBB+" and is Ranked #125 on the Fortune 500 List with an Annual Revenue of more than $35.97 Billion.
  • Densely Populated Area: Features more than 178k People Residing within a 5-Mile Radius. Moore is the Seventh-Largest City in the state of Oklahoma.
  • Strong Central Location - Directly Adjacent and in Walking Distance to Numerous Hotels including Marriot SpringHill Suites, Hampton Inn & Suites, and Holiday Inn.
  • In Close Proximity to Numerous Schools, including Chesterton High School (2,080+ Students), providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
  • Near Numerous National Retailers including Target, Walmart Supercenter, WinCo Foods, The Home Depot, Tractor Supply, Costco, Lowe's, Sam's Club, Kohl's and many more.
  • Close Proximity to Downtown Oklahoma City - Home to Paycom Center (Oklahoma City's Thunder NBA Team), Variety of Museums, Theaters, Music Venues, and Restaurants, Providing Residents and Visitors with a Wide Range of Activities to Enjoy.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s) OK: 206118

    Oklahoma

Financing By

Restaurant

Starbucks w/ Drive-Thru | Oklahoma City MSA | Brand New Construction | Strong Demos

Listing Price: $2,237,903

Cap Rate
6.20%
Tenant Name
Starbucks
Years Remaining On Lease
9.8
Gross SF
1,672
Guarantor
Corporate Guarantee
Rentable SF
1,672
Price/Gross SF
$1,338.46
Lease Type
Double Net
Rent Per Square Feet
$82.98

Investment Highlights

  • Starbucks w/ Drive-Thru Featuring 10% Rental Increase in 2029 and 8.5% at Each Option. Brand New 2023 High Quality Construction w/ Drive-Thru and 15-Year Roof Warranty.
  • Positioned Along Area's Retail & Traffic Corridor: Features Easy Access & Excellent Visibility - Adjacent to NW 12th St, which Features Daily Traffic Counts Exceeding 21k Vehicles.
  • Starbucks has a S&P Investment Grade Credit Rating of "BBB+" and is Ranked #125 on the Fortune 500 List with an Annual Revenue of more than $35.97 Billion.
  • Densely Populated Area: Features more than 178k People Residing within a 5-Mile Radius. Moore is the Seventh-Largest City in the state of Oklahoma.
  • Strong Central Location - Directly Adjacent and in Walking Distance to Numerous Hotels including Marriot SpringHill Suites, Hampton Inn & Suites, and Holiday Inn.
  • In Close Proximity to Numerous Schools, including Chesterton High School (2,080+ Students), providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
  • Near Numerous National Retailers including Target, Walmart Supercenter, WinCo Foods, The Home Depot, Tractor Supply, Costco, Lowe's, Sam's Club, Kohl's and many more.
  • Close Proximity to Downtown Oklahoma City - Home to Paycom Center (Oklahoma City's Thunder NBA Team), Variety of Museums, Theaters, Music Venues, and Restaurants, Providing Residents and Visitors with a Wide Range of Activities to Enjoy.

Investment Overview

Moore is a city in Cleveland County, Oklahoma, and is part of the Oklahoma City metropolitan area. The population was 62,793 at the 2020 census, making Moore the seventh-largest city in the state of Oklahoma. Oklahoma City, officially the City of Oklahoma City, and often shortened to OKC, is the capital and largest city of the U.S. state of Oklahoma. The county seat of Oklahoma County, it ranks 22nd among United States cities in population, and is the 11th largest city in the Southern United States. The population grew following the 2010 census and reached 681,054 in the 2020 census. The Oklahoma City metropolitan area had a population of 1,396,445, and the Oklahoma City–Shawnee Combined Statistical Area had a population of 1,469,124, making it Oklahoma’s largest municipality and metropolitan area by population. Oklahoma City’s city limits extend somewhat into Canadian, Cleveland, and Pottawatomie counties, though much of those areas outside the core Oklahoma County area are suburban tracts or protected rural zones (watershed). The city is the eighth-largest in the United States by area including consolidated city-counties; it is the second-largest, after Houston, not including consolidated cities. The city is also the second largest by area among state capital cities in the United States, after Juneau, Alaska.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s): OK: 206118

    Oklahoma

Financing By

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