Discount
DG - 3.5 Miles to Downtown Tulsa - 2,500 Students with in 2-Miles
1820 N Lewis Pl, Tulsa, OK 74110
Listing Price: $1,395,000
Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
7.6
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$153.30
Lease Type
Absolute Net
Rent Per Square Feet
$9.58
Investment Overview
Absolute Net Features Zero Landlord Responsibilities And A Prime Corner Location At The Intersection Of North Lewis Avenue And East Tecumseh Street, Benefiting From Daily Traffic Exceeding 9,100
Investment Highlights
- Absolute Net Features Zero Landlord Responsibilities And A Prime Corner Location At The Intersection Of North Lewis Avenue And East Tecumseh Street, Benefiting From Daily Traffic Exceeding 9,100
- Outstanding Demographic Characteristics, Including More Than 144,200 Residents Within A 5-Mile Radius And Average Annual Household Incomes Exceeding $71,800, Supporting Long Term Tenant Success
- 7.5 Years Remaining On The Base Lease Term, The Property Benefits From 10% Rent Increases In Each Option Period, Delivering Long Term Income Security And A Strong Hedge Against Inflation
- ?Situated Just 3.5 Miles From Downtown Tulsa, The Subject Property Occupies A Prime Location Within The Heart Of The Tulsa MSA, Providing Access To A Metropolitan Population Of More Than 1.1 Million Residents And Strong Long-Term Consumer Demand
- ?Positioned Within 2 Miles From Four Highly Attended Schools, Springdale Elementary, Celia Clinton Elementary, Sequoyah Elementary, And Booker T. Washington High , with Combined Enrollment Exceeding 2,500 Students, Helping Support Recurring Traffic
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Financing By
Discount
DG - 3.5 Miles to Downtown Tulsa - 2,500 Students with in 2-Miles
Listing Price: $1,395,000
Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
7.6
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$153.30
Lease Type
Absolute Net
Rent Per Square Feet
$9.58
Investment Highlights
- Absolute Net Features Zero Landlord Responsibilities And A Prime Corner Location At The Intersection Of North Lewis Avenue And East Tecumseh Street, Benefiting From Daily Traffic Exceeding 9,100
- Outstanding Demographic Characteristics, Including More Than 144,200 Residents Within A 5-Mile Radius And Average Annual Household Incomes Exceeding $71,800, Supporting Long Term Tenant Success
- 7.5 Years Remaining On The Base Lease Term, The Property Benefits From 10% Rent Increases In Each Option Period, Delivering Long Term Income Security And A Strong Hedge Against Inflation
- ?Situated Just 3.5 Miles From Downtown Tulsa, The Subject Property Occupies A Prime Location Within The Heart Of The Tulsa MSA, Providing Access To A Metropolitan Population Of More Than 1.1 Million Residents And Strong Long-Term Consumer Demand
- ?Positioned Within 2 Miles From Four Highly Attended Schools, Springdale Elementary, Celia Clinton Elementary, Sequoyah Elementary, And Booker T. Washington High , with Combined Enrollment Exceeding 2,500 Students, Helping Support Recurring Traffic
Investment Overview
Absolute Net Features Zero Landlord Responsibilities And A Prime Corner Location At The Intersection Of North Lewis Avenue And East Tecumseh Street, Benefiting From Daily Traffic Exceeding 9,100
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Financing By