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619 Southeast Washington Boulevard
Bartlesville, OK 74006
Asking Price
$1.05M
Cap Rate
5.6%
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail | 31% Increase in Primary Term | 5,829 SqFt <ul><li>Sherwin-Williams Paint Store in Bartlesville's Main Commercial Corridor </li><li>NN Lease With 10+ Years Remaining on Current Term </li><li>Significant 31% Rent Increase in May 2031, Followed by Steady 10% Option Escalations </li><li>40+ Years of Operating History Showing Tenant Commitment to Location </li><li>Large 2.179-Acre Parcel Offering Ample Space for Operations and Future Flexibility </li><li>Recently Replaced Parking Lot. No Near-Term Capital Expenditure Required </li><li>
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NOI
$80,000
Cap Rate
7.64%
DSCR
1.29
Strong
Cash-on-Cash
5.69%
Monthly Payment
$5,178.921
Annual Cash Flow
$17,852.948
