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706 East Broadway Street
Drumright, OK 74030
Asking Price
$1.40M
Asset Type
Convenience Store Retail
Class
Class B
What's Special
10% Rental Increases Every 5 Years | Strong Fuel Demand from Daily Commuters <p>For more information contact:</p><p> Ned Skinner - nskinner@anchorpointcapital.com</p><p> Jacob Sparks - jsparks@anchorpointcapital.com</p><p></p><p><strong>Excellent Single Tenant Investment Opportunity</strong></p><ul><li>Absolute NNN Lease; Zero Landlord Responsibilities</li><li>15 Years Remaining on Primary Term; Two 5-Year Renewal Options</li><li>10% Rental Increases Every 5 Years </li><li>Strong Lease Guaranty; MSM Stores, Inc. with Over 20 years of Operating History and 60+ Locatio
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NOI
$80,000
Cap Rate
5.72%
DSCR
0.96
Underwater
Cash-on-Cash
-0.72%
Monthly Payment
$6,919.015
Annual Cash Flow
$-3,028.179