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Net Lease

United Rentals

1300 N Broadway Ave, Ada, OK 74820

Listing Price: $1,245,000

Cap Rate
7.25%
Lot Size
3.09 acres
Year Built
1980
Rentable SF
12,000

Investment Overview

NNN Lease with Minimal LL Responsibilities
- One Five-Year Option Remaining

Only Major Equipment Rental Company in the Area
- Dominant Market Share | Limited Competition

Close Proximity to Holcim Cement Plant
- Industry Demand Driver with Recent $100M Upgrade

Location Surrounded by National Retailers
- Home Depot, Starbucks, Chic-fil-A, Walmart, etc.

Ideally Situated on North Broadway Avenue
- 250 Feet of Frontage | 10,000+ Vehicles per Day

Investment Highlights

  • Corporate Lease with United Rentals, Inc - Largest Equipment Rental Company in the U.S.
  • Tenant is Publicly Traded on the NYSE: URI - $47.06 Billion Market Cap | 1,500 Locations Nationwide
  • 3 Years of Term Remaining w/Annual CPI Increases - Increases Continue through Option Period

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s) OK: 206118

    Oklahoma

Financing By

Net Lease

United Rentals

Listing Price: $1,245,000

Cap Rate
7.25%
Lot Size
3.09 acres
Year Built
1980
Rentable SF
12,000

Investment Highlights

  • Corporate Lease with United Rentals, Inc - Largest Equipment Rental Company in the U.S.
  • Tenant is Publicly Traded on the NYSE: URI - $47.06 Billion Market Cap | 1,500 Locations Nationwide
  • 3 Years of Term Remaining w/Annual CPI Increases - Increases Continue through Option Period

Investment Overview

NNN Lease with Minimal LL Responsibilities - One Five-Year Option Remaining Only Major Equipment Rental Company in the Area - Dominant Market Share | Limited Competition Close Proximity to Holcim Cement Plant - Industry Demand Driver with Recent $100M Upgrade Location Surrounded by National Retailers - Home Depot, Starbucks, Chic-fil-A, Walmart, etc. Ideally Situated on North Broadway Avenue - 250 Feet of Frontage | 10,000+ Vehicles per Day

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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