Listed by Fleske Commercial Group
$715,000
105 12th Ave SE - Scooter's Ground Lease
Details
Property Type Retail
Sub Type Storefront, Street Retail
Square Footage 2,275
Cap Rate 6.00%
Lease Type Absolute NNN
Price per SqFt $314
Acreage 0.312
Zoning C-2
Retail | 6.00% CAP | 2,275 SqFt
Marketing description
Now offering the opportunity to acquire an absolute NNN Scooter’s investment property in Norman, OK, home of the University of Oklahoma Sooners. This absolute NNN with zero owner responsibilities is an ideal income-producing investment opportunity for a passive investor. This opportunity includes a 10-year ground lease expiring 8/31/2031 with 4 additional 5-year terms with 10% rent escalations.
Investment highlights
0.312-acre C-2 zoned commercial site
Signalized hard corner at 12th Ave SE & Alameda
Easy access to I-35 and University of Oklahoma
Located in growing Norman trade area
Listing Contacts
Listed by Fleske Commercial Group
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