Listed by SRS Real Estate Partners Newport Beach
$2,167,000
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Details
APN 73713820261320
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 800
Cap Rate 6%
NOI $130,000
Tenancy Single
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 09/30/2040
Remaining Term 14.3
Rent Bumps Yes
Lease Options 4 (5-Year)
Class A
Year Built 2025
Acreage 0.820
Zoning CS: Commercial Shopping
Parking Spaces 24 spaces
Parking Per SqFt 30.00
Investment Type Net Lease
Lease Commencement 09/15/2025
Ground Lease Yes
Ownership Leased Fee (Land Ownership)
Retail | 6.00% CAP | 800 SqFt
Investment highlights
New, 15-Year Lease | Options To Extend | Scheduled Rental Increases
Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
Outparcel to REI Anchored Center | Tulsa Hills Shopping Center
Strong Demographics In The Immediate Trade Area
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$130,000.00
$10,833.33/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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