1102 South George Nigh Expressway

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1102 South George Nigh Expressway

McAlester, OK 74501
Asking Price
Contact for price
Asset Type
Bank Retail
Class
Class B

What's Special

Retail | 6.25% CAP | 3,520 SqFt <ul><li>​<strong style="color: rgba(17, 17, 17, 1)">LONG-TERM LEASE:</strong><span style="color: rgba(17, 17, 17, 1)"> 18 years remaining on initial 20-YEAR ABSOLUTE NNN LEASE with attractive 7.50% rental escalations every 5 years with four 5-year options to renew</span></li><li>​<strong style="color: rgba(17, 17, 17, 1)">TENANT | GUARANTORS:</strong><span style="color: rgba(17, 17, 17, 1)"> </span><span style="color: rgba(6, 34, 57, 1)">Ram-Z Custard, LLC is an experienced multi-concept owner/

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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