Grocery Store
Mini-Max Grocery Store
10011 SE 15th St, Midwest City, OK 73130
Listing Price: $3,000,000
Investment Overview
Marcus and Millichap is excited to offer a premier
investment located at 10011 SE 15th St in Midwest City,
OK. This fully-leased grocery center, built in 1996, covers
a substantial 51,222 square feet and is positioned on a
spacious 5.55-acre parcel. The property is currently fully
leased to Mini-Max Grocery Store under an absolute
NNN Lease, with Mini-Max having just commenced
the first of three successive five-year renewal options,
affirming their dedication to the site.
The offering presents a unique value with rents
significantly below market rate and a price point
that is beneath the cost of construction. Boasting an
outstanding parking ratio of 6.08/1,000, the center
provides 310 surface parking spots. It benefits from
excellent exposure with dual frontage on SE 15th
St and S Post Rd, witnessing approximately 12,000
vehicles passing daily.
The East Oklahoma County has seen a flurry of
investment activity, establishing it as one of the
most sought-after trading areas in recent years. This
investment is ideally suited for a buyer in search of
a great asset with an attractive price point and zero
landlord maintenance responsibilities.
Mini-Max Grocery Store
Investment Highlights
- An attractive 8.22% CAP rate, indicative of a strong return on investment in the current market.
- Approximately 4.4 years remaining on an absolute NNN lease with Mini-Max Grocery Store, providing a predictable cash flow with minimal management requirements.
- With a large footprint of 51,222 square feet and situated on a spacious 5.55-acre lot, the property boasts significant exposure from dual frontage that attracts roughly 12,000 vehicles each day.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $3,000,000
Investment Highlights
- An attractive 8.22% CAP rate, indicative of a strong return on investment in the current market.
- Approximately 4.4 years remaining on an absolute NNN lease with Mini-Max Grocery Store, providing a predictable cash flow with minimal management requirements.
- With a large footprint of 51,222 square feet and situated on a spacious 5.55-acre lot, the property boasts significant exposure from dual frontage that attracts roughly 12,000 vehicles each day.
Investment Overview
Marcus and Millichap is excited to offer a premier investment located at 10011 SE 15th St in Midwest City, OK. This fully-leased grocery center, built in 1996, covers a substantial 51,222 square feet and is positioned on a spacious 5.55-acre parcel. The property is currently fully leased to Mini-Max Grocery Store under an absolute NNN Lease, with Mini-Max having just commenced the first of three successive five-year renewal options, affirming their dedication to the site. The offering presents a unique value with rents significantly below market rate and a price point that is beneath the cost of construction. Boasting an outstanding parking ratio of 6.08/1,000, the center provides 310 surface parking spots. It benefits from excellent exposure with dual frontage on SE 15th St and S Post Rd, witnessing approximately 12,000 vehicles passing daily. The East Oklahoma County has seen a flurry of investment activity, establishing it as one of the most sought-after trading areas in recent years. This investment is ideally suited for a buyer in search of a great asset with an attractive price point and zero landlord maintenance responsibilities.
Exclusively Listed By
Broker of Record
Financing By
