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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29393353
29393354

770 SW 19th St, Moore, OK 73160 For Sale

PD
CA CA 01797033
Deltondo Advisory Group Irvine
CO
CA 02246172
Marcus & Millichap
Listed by Deltondo Advisory Group Irvine, Marcus & Millichap
$2,400,000
174 days on market
Updated 13 days ago

Corporate Del Taco - Anchored by Target

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,720
Cap Rate 5.30%
NOI $127,050
Occupancy 100%
Tenancy Single
Brand/Tenant Del Taco
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 12/13/2033
Remaining Term 7.4
Rent Bumps Yes
Lease Options 4x5
Price per SqFt $882
Broker Co-Op Yes
Class A
Year Built 2013
Buildings 1
Lot Size (SqFt) 35,133
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/13/2013
Occupancy Date 12/13/2013
Ground Lease No
Ownership Fee Simple

SHADOW ANCHORED BY HOME DEPOT

Investment highlights

8-YEAR ABSOLUTE NET LEASE - Corporate Guaranteed Lease With 8 Years Remaining and Four 5-Year

Renewal Options

HIGH-TRAFFIC RETAIL CORRIDOR POSITIONED OFF I-35 | DAILY COMMUTER ROUTE -Located Along S.W. 19th Street In Moore’s Primary Retail Node, Surrounded by Walmart, Target, Home Depot, and ALDI

CORPORATE-BACKED | DEL TACO LOCATION - Backed By Del Taco Corporate Lease; No Franchisee Risk, With Fee Simple Ownership and Absolute-Net Structure

2013 CONSTRUCTION | DRIVE-THRU EQUIPPED - Modern 2,720 SF Building on 35,133 SF Lot; High-Throughput QSR Layout With Dedicated Drive-Thru Lane

POSITIONED OFF I-35 | DAILY COMMUTER ROUTE - Quick Access To I-35 (71,000+ VPD) Connecting South OKC To Norman; Regional Visibility and Drive-Time Access

OKLAHOMA CITY MSA | 1.5M POPULATION - Moore Has Dense Trade Area With 135,000+ Residents Within 5 Miles;

Listing Contacts

PD
CA CA 01797033
Deltondo Advisory Group Irvine
CO
CA 02246172
Marcus & Millichap
Listed by Deltondo Advisory Group Irvine, Marcus & Millichap

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$127,050.00
$10,587.50/mo

Valuation Metrics

0
DSCR
5.29%
Cap Rate
5.29%
ROI

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Additional Information

Name
Tim Speck
License
9002994
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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