Cap Rate
7.00%
Year Built
2022
Leasable Area
10,500 SF
Term Remaining
±9.75 YRS
Property Type
Retail
LEAD LISTING AGENT
Josh Bishop
Senior Vice President & Senior Director
Email
[email protected]
License No.
688810 (TX)
Direct
+1 (214) 692-2289
Mobile
+1 (315) 730-6228
INVESTMENT HIGHLIGHTS
- 2023 built-to-suit construction for Family Dollar Tree
- 10-Year NN+ lease w/ limited landlord responsibilities
- The subject property comes with a 20-year transferable roof warranty
- Tenant responsible for HVAC, CAM, taxes, and insurance
- Wynnewood is home to Wynnewood Oil Refinery which employees roughly 300 individuals and has the capacity to process ± 75,000 barrels daily
- Traffic counts exceed 7,000 vehicles daily
- Five, 5-Year Options with rent increases of $5,250 in Options ($0.50 PSF)
- Extremely strong corporate-guaranteed lease
- Attractive average Household income of $75,452 within a 5-mile radius
Broker of Record
- Kyle Matthews
- License No. 180759 (OK)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 1600 West End,
Ste. 1500 Nashville, TN 37203