2539 SE Washington Blvd

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2539 SE Washington Blvd

Bartlesville, OK 74006
Asking Price
$2.85M
Cap Rate
5.75%
Asset Type
Restaurant Retail
Class
Class B

What's Special

New Build | Scheduled Rent Bump in 2027 | High Performing Store | Pad to Grocer <ul><li>​Brand New 2022 Construction | 16.5 Years Remaining on a 20-Year NNN Lease Commencing November 2022, Plus Three 5-Year Renewal Options Extending Potential Occupancy Through 2057</li><li>​True NNN Lease | Tenant Responsible for Roof & Structure, Delivering Passive, Management-Free Ownership With No Landlord Capital Obligations or Operating Expense Exposure</li><li>​Scheduled 8% Rent Increase in November 2027 Lifts the Going-In Yield from 5.75% to Approximately 6.21%, a ~46 Basis Point Inc

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NOI
$80,000
Cap Rate
2.81%
DSCR
0.47
Underwater
Cash-on-Cash
-10.43%
Monthly Payment
$14,100.245
Annual Cash Flow
$-89,202.94

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