$12,060,0005.85% Cap Rate+/- 10.81 Acres
(includes 2 undeveloped pads) 2399 -2409 N Perkins Rd Stillwater, OK 74075
Investment Highlights:• Industry leading credit tenants on 15 year corporate leases (WM
is a ground lease)• 2015-2016 class A construction at a high traffic high profile
signalized intersection• 2014 traffic counts of 19,600 AADT directly in front of property
(highest count in city)• Dominant regional trade area adjacent to a new Ross, Belk,
Petco, Best Buy power center• 2 miles from Oklahoma State University (24,000 students 6,000
employees) and 3 miles from Stillwater Regional Airport
• Walmart (NYSE: WMT, S&P: AA) is Fortune 500’s #1 company and has 11,500+ stores in 28 countries
• Academy (KKR owned) is the #1 sporting goods retailer in sales per store and has 200+ stores in 15 states
• Two +/- .88 acre outparcel pads available for purchase at $500,000 each
• $3.4 million TIF note available for purchase (contact broker for details)
• Consistently growing market since 2000 with over 85,000 people within a 30 minute drive
• Ranked 6th fastest growing small city in the U.S. by Forbes.com and one of “America’s Best Small Cities” by CNN/Money
2015 Demographics: 15 Mile Radius Population - 71,434
Average Household Income - $58,453
Area Information:Honored by CNN Money Magazine as one of “The Top 100 Places to Live” - Stillwater is a proud community built on its pioneer heritage and spirited citizens. Stillwater, Oklahoma is the midpoint between Tulsa and Oklahoma City, and is centrally located as a national corridor of business, learning, and living in a strong regional market. A site for R&D, Stillwater is home to 3 academic and educational institutions, millions of dollars in grants, and a competitive population.
Oklahoma has been ranked as one of best states for cost of doing business and pro-business environment. Here are the facts:CNBC ranked Oklahoma as #1 in the nation for cost of doing business. Oklahoma was named #3 for lowest cost of living in Amercia by CNBC. Forbes ranked the Oklahoma pro-business environment #5 in the nation for best economic climate.
www.REALTYLINKDEV.com
For investment information:Tyson Glasser, CCIM
Investment Sales [email protected]
864.263.5427 o • 404.435.6312 c