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33871359
33871358

301 N Broadway AVE, Hinton, OK 73047

WJ
OK 185071
Chinowth and Cohen Realtors Edmond
JS
OK 159057
Listed by Chinowth and Cohen Realtors Edmond
$649,000
8 days on market
Updated 8 days ago

Investment Opportunity - Landlord a Well Known Tenant

Details
APN 080048710
Property Type Retail
Sub Type Shopping Center, Storefront (+1)
Square Footage 9,275
Units 1
Occupancy 100%
Tenancy Single
Lease Type NNN
Rent Bumps Yes
Lease Options Current lease til 7.1.26, then automatic 4 more terms of 5 years each, with each term having rent escalation clause
Price per SqFt $70
Year Built 2002
Acreage 1.030
Zoning Commercial
Parking Spaces 18 spaces
Parking per 1,000 SqFt 1.94
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No

Retail | 9,275 SqFt

Marketing description

Exceptional opportunity to acquire an investment property with a nationally recognized tenant. Family Dollar, one of America's most recognized retailers, has been a tenant since September 2004. Located on the main commercial corridor in Hinton, Oklahoma, this 9,275 SF building sits on a highly visible corner lot with ample customer parking and excellent accessibility. Built in 2002, the property features a loading dock, ample street frontage on two streets, and a proven retail location. The property is leased under a long-term Triple Net (NNN) lease structure, providing investors with passive income while minimizing landlord responsibilities. The lease includes built-in rent escalations and extension options, creating the potential for long-term income growth and stability. Whether you are completing a 1031 exchange, seeking passive income, or adding a stable retail asset to your portfolio, this investment offers the security of a strong tenant combined with long-term income potential. The NNN structure shifts responsibility for property taxes, insurance, and maintenance to the tenant, ensuring minimal management required from the investor. This makes it an ideal passive investment for those seeking stable cash flow with little oversight. Located on the main thoroughfare of this growing town, this property features 15 frontage parking spaces and multiple side parking for customers. This well-maintained asset provides an excellent opportunity to invest in a growing community with high visibility and convenient access. The current tenant is a nationally recognized retailer with a proven track record of timely payments, adding significant security to this long-term investment. With the combination of a sought-after location, dependable tenant, and low-maintenance setup, this property is perfect for experienced investors or those looking to diversify their portfolios with a secure commercial asset. Don't miss out on this exceptional investment opportunity!!

Investment highlights

  • Exceptional opportunity to acquire an investment property with a nationally recognized tenant
  • Family Dollar, one of America's most recognized retailers, has been a tenant since September 2004
  • Located on the main commercial corridor in Hinton, Oklahoma, this 9,275 SF building sits on a highly visible corner lot with ample customer parking and excellent accessibility
  • Built in 2002, the property features a loading dock, ample street frontage on two streets, and a proven retail location
  • The property is leased under a long-term Triple Net (NNN) lease structure, providing investors with passive income while minimizing landlord responsibilities
  • The lease includes built-in rent escalations and extension options, creating the potential for long-term income growth and stability
  • Whether you are completing a 1031 exchange, seeking passive income, or adding a stable retail asset to your portfolio, this investment offers the security of a strong tenant combined with long-term income potential
  • The NNN structure shifts responsibility for property taxes, insurance, and maintenance to the tenant, ensuring minimal management required from the investor
  • This makes it an ideal passive investment for those seeking stable cash flow with little oversight
  • Located on the main thoroughfare of this growing town, this property features 15 frontage parking spaces and multiple side parking for customers
  • This well-maintained asset provides an excellent opportunity to invest in a growing community with high visibility and convenient access
  • The current tenant is a nationally recognized retailer with a proven track record of timely payments, adding significant security to this long-term investment
  • With the combination of a sought-after location, dependable tenant, and low-maintenance setup, this property is perfect for experienced investors or those looking to diversify their portfolios with a secure commercial asset

Listing Contacts

WJ
OK 185071
Chinowth and Cohen Realtors Edmond
JS
OK 159057
Listed by Chinowth and Cohen Realtors Edmond

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Additional Information

Name
Wenona Jones
License
185071
Brokerage
Chinowth & Cohen Realtors
Title
Realtor-Associate
Brokerage Address
2619 Kelley Pointe Parkway
Name
Jayne Smith
License
159057
Brokerage
Chinowth & Cohen Realtors
Brokerage Phone
405-330-0031
Title
Realtor Sales Associate
Brokerage Address
2619 Kelley Pointe Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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