Long John Silver's
Yukon, OK
Key Details
| Price: | $1,781,446 |
|---|---|
| Cap Rate: | 6.50% |
| Annual Rent: | $115,794 |
| Address: | 1109 Garth Brooks Boulevard, Yukon, Oklahoma 73099 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 20 Years |
|---|---|
| Lease Commencement: | 5/13/2016 |
| Lease Expiration: | 5/31/2036 |
| Lease Term Remaining: | 11.7 Years |
| Rental Increases: | 1.50% Annually |
| Lot Size: | 0.77 Acres |
| Building Size: | 2,886 SF |
| Year Built: | 2003 |
NNN Pro is pleased to present the exclusive listing for a Long John Silver's located at 1109 Garth Brooks Boulevard, Yukon, Oklahoma 73099. The site consists of roughly 2886 rentable square feet of building space on an estimated 0.77-acre parcel of land. This Long John Silver's is subject to a 20-year Triple Net (NNN) lease, which commenced 5/13/2016. The current annual rent is $115,794 and has scheduled increases of 1.50% Annually.
About the Investment
- Long-Term, 20-Year Absolute Triple Net (NNN) Lease
- Approximately 11.50 Years Remaining
- Attractive One-and-a-Half Percent (1.50%) Annual Rental Increases
- Three (4), Five (5)-Year Tenant Renewal Options
Key Details
| Price: | $1,781,446 |
|---|---|
| Cap Rate: | 6.50% |
| Annual Rent: | $115,794 |
| Address: | 1109 Garth Brooks Boulevard, Yukon, Oklahoma 73099 |
| Property Type: | Retail |
| Lease Type: | Triple Net (NNN) |
Property Data
| Original Lease Term: | 20 Years |
|---|---|
| Lease Commencement: | 5/13/2016 |
| Lease Expiration: | 5/31/2036 |
| Lease Term Remaining: | 11.7 Years |
| Rental Increases: | 1.50% Annually |
| Lot Size: | 0.77 Acres |
| Building Size: | 2,886 SF |
| Year Built: | 2003 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Russell Wachtler
rwachtler@nnnpro.com
License: NY: 10401294048
Edward DeMatteis
edematteis@nnnpro.com
License: NY: 10401375705
Broker of Record
Brian Brockman
Bang Realty-Oklahoma, Inc
License: 177814
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.