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202 S Gateway Pl
Jenks, OK 74037
Asking Price
$8.50M
Cap Rate
8.84%
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail | 8.84% CAP | 20,890 SqFt <ul><li>3-Year Corporate Rent Guarantee from Ambassador Enterprises, a $2+ Billion in Revenue Private Equity Venture</li><li>17+ Year Absolute Triple-Net Lease with Two Percent Annual Increases, Each Year and Every Year. (Zero Landlord Obligations)</li><li>Corporately Guaranteed by Frontier Justice, LLC</li><li>New Construction Soft Opening Occurred on 11/15/2023</li><li>The State of Oklahoma Has the 11th Highest Rate of Households with Gun Ownership</li><li>Growing Affluent Area</li><li>
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NOI
$80,000
Cap Rate
0.94%
DSCR
0.16
Underwater
Cash-on-Cash
-16.65%
Monthly Payment
$42,053.362
Annual Cash Flow
$-424,640.347
