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1000 Lonnie Abbott Boulevard
Ada, OK 74820
Asking Price
Contact for price
Asset Type
Bank Retail
Class
Class B
What's Special
Retail | 6.25% CAP | 2,500 SqFt <ul><li><strong style="color: rgba(6, 34, 57, 1)">BRAND NEW 20-YEAR ABSOLUTE NNN LEASE</strong><span style="color: rgba(6, 34, 57, 1)">: Brand new 20-year Absolute NNN lease with attractive 7.50% rental escalations every 5 years with four 5-year options to renew</span></li><li><strong style="color: rgba(6, 34, 57, 1)">TENANT</strong><span style="color: rgba(6, 34, 57, 1)">: Ram-Z Custard, LLC is an experienced multi-concept owner/ operator with 42 Freddy’s restaurants (including those currentl
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
