Description
Service King. One of 329 stores nationally with 5 year NNN lease. Options for additional 5 years available in Dec 2023. Rents are based on 5 yr CPI and to adjust again in January 2024. 4.44 CAP rate Currently at $20,370.50 per month and tenant pays their own insurance and pays additional escrow for taxes. Phase 3 electric. 4 paint booths, front overhead doors are 18'wide and 10' tall. There is a side overhead door as well on the west side. Paint booths open to back lot as well. Air compressors. Bulding is foam insulated and heated. Offices have CH&A. Building just repainted in late 2022.
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0BEDS
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2.2ACRES
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0BATHS
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01/2 BATHS
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25,404SQFT
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$217$/SQFT
School Ratings & Info
Listing provided courtesy of Mike Malone of Realty Experts, Inc : 405-703-2255.
©2023 MLSOK, Inc.
Description
Service King. One of 329 stores nationally with 5 year NNN lease. Options for additional 5 years available in Dec 2023. Rents are based on 5 yr CPI and to adjust again in January 2024. 4.44 CAP rate Currently at $20,370.50 per month and tenant pays their own insurance and pays additional escrow for taxes. Phase 3 electric. 4 paint booths, front overhead doors are 18'wide and 10' tall. There is a side overhead door as well on the west side. Paint booths open to back lot as well. Air compressors. Bulding is foam insulated and heated. Offices have CH&A. Building just repainted in late 2022.
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