Starbucks 1100 N Moore Ave 1,672 SF 4-Star Retail Building Moore, OK 73160 $2,103,000 ($1,257.78/SF) 6.60% Cap Rate
INVESTMENT HIGHLIGHTS
- 2024 Construction. 1,672+/- SF Building on 0.719+/- Acre Site
- Located in a Dense Retail Corridor of Moore, OK
- Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
- Subject Property is Located on Moore St, Directly off of Interstate 35 (39,400+ VPD)
- The Site is 5 Miles South of Downtown Oklahoma City and 5 Miles East of Will Rogers World Airport
- Moore | Vibrant Economic and Cultural Hub | OKC Population: 681,088+
EXECUTIVE SUMMARY
New Construction Site with 10 Year Net Lease, 10% Rental Escalation the Primary Term and 8.5% Rental Escalation Every Five Years in Option Periods
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,672 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Price
$2,103,000
Price Per SF
$1,257.78
Cap Rate
6.60%
NOI
$138,752
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.72 AC
Zoning
C4
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R0006649 | Improvements Assessment | $49,015 |
| Land Assessment | $66,071 | Total Assessment | $115,086 |
