2405 North 14th, Ponca City, OK
Retail for Sale - $1,294,000 - 42,000 Sq. Ft.
Property Info
| CIMLS# | 761386 |
| Location 2405 North 14th Ponca City OK 74601 | |
| Updated | May 4th, 2015 |
| Type | Retail |
| Price | $1,294,000 |
| Building | 42,000 Sq. Ft. |
Property Description
Lease guaranteed by RPCS, Inc. NNN Lease Structure - Zero Landlord Responsibilities. This Ponca City Oklahoma offering is a long term net grocery store leased by Price Cutter.
For Sale at $1,294,000 or $31/SF with a 8.5% CAP Rate.
More Tenant info at http://www.pricecutteronline.com/history.php
Tenant Community involvement http://www.pricecutteronline.com/community.php
15 Year lease with RPCS - Zero Landlord Responsibilities. $110,000/Annual/Rent. 140 Parking Spaces
Contact listing agent today for more information. Thank you!
Location Description:
Located on 14th St between E Bradley Ave and Princeton Ave
Highlights:
>> 15 year lease with Price Cutter Grocery (RPCS, INc.)
>> NNN Lease Structure - Zero Landlord Responsibilities
>> Priced at $31/SF
>> For Sale at $1,294,000 with a 8.5% CAP Rate
>> NOI during term is $110,000 per year
>> Lease expires October, 2029
>> Tenant is the dominant regional grocer with 47 stores
>> More info on Tenant is here: htt;//www.pricecutteronline.com/history/php
>> Please call listing agent today for more information. Thank you!
Financials
Sales Info:
>> Commision split: 6.0%