Starbucks for Sale in Woodward, OK
Woodward, OK
Key Investment Metrics
Price
$2,171,000
Cap Rate
6.5%
Net Operating Income
$140,000
Building Size
2540 SF
Land Area
0.98 Acres
Remaining Term
8.6 years
Lease Expiration
02/28/2035
Lease Term
10.3 years
Lease Commencement
10/28/2024
Lease Type
NN
Tenant Credit
Corporate Guarantee
Year Built
2024
Occupancy
100%
Tenancy
Single
Rent Increases
7% Increase Every 5 Years
Property overview
Starbucks in Woodward
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 2,540 SF
- Land area
- 0.98 acres
- Year built
- 2024
- Lease type
- NN
- Lease expiration
- 02/28/2035
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.