Walgreens- Bixby
$4,589,928
11118 S Memorial Dr Bixby, OK 74008-2038
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About this listing
PROPERTY HIGHLIGHTS
Absolute NNN Investment
6.95% Cap Rate
Annual Income: $319,000/YR
100% Leased
53 Years, 3 Months Remaining (Several Options for early cancelation-TBV)
Cancellation Option: October 2027 (Owner is in negotiations with Walgreens to modify the cancellation option. Contact Broker for status)
Store Sales Volume - Good
Excellent Location; Including a Drive Through Lane
Located approx. Southwest corner of MEMORIAL & 111TH
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Cap Rate
6.39%
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Building Size
14,490 sqft
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Lot Area
77,629 sqft
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Year Built
2003
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Zoning
CB, Commercial Distric
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Floors
1
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Parking Spots
79
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Parking Ratio
6.01
DESCRIPTION
- • Average Occupancy Rate: 100.0
- • Lot Size: 1-2 Acres
