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211 North Rose Avenue
Glencoe, OK 74032
Asking Price
$1.21M
Asset Type
Convenience Store Retail
Class
Class B
What's Special
10% Rental Increases Every 5 Years | 20 Years of Operating History <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 with 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 over 6
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NOI
$80,000
Cap Rate
6.62%
DSCR
1.11
Tight
Cash-on-Cash
2.26%
Monthly Payment
$5,982.462
Annual Cash Flow
$8,210.458