Investment Overview

Marcus & Millichap is pleased to exclusively offer an Absolute NNN leased Kum & Go, with five years remaining on the lease term and corporately guaranteed by Kum & Go L.C. Scheduled rental increases of 1.5% occur annually throughout the base term and options, and the lease has recently been extended with plans for rebranding to Maverik. This investment is eligible for 60% bonus depreciation in the first year, thanks to fee simple ownership, which allows the landlord to utilize the accelerated bonus depreciation model (consulting your accountant or attorney is advised). Situated in a heavily traveled area, the location enjoys significant visibility, with 32,967 vehicles per day along Riverside Parkway and 66,373 vehicles daily on the Creek Turnpike. The property is in a highly populated and affluent area, with an average household income exceeding $134,000 within one mile. Additionally, there are 60,299 residents within three miles and 165,311 within five miles, with a projected population growth of 2.8% by 2028. From 2010 to 2020, the population within a mile increased by over 27%. Nearby, there is ample retail and a variety of tourist attractions. Notable tenants in the vicinity include Red Robin, Outback Steakhouse, Petco, Five Guys, Kohl’s, Dollar Tree, Shoe Carnival, The UPS Store, AT&T, and Walmart. The property is also conveniently located just 1.4 miles from the Oklahoma Aquarium, a major state attraction housing over 500 species and 10,000 animals, and 2.4 miles from the Tulsa Premium Outlets, which features popular retailers such as Nike, Carhartt, JD Sports, Old Navy, Perry Ellis, Tory Burch, and Banana Republic.