Walgreen's | 11118 S Memorial Dr
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Walgreen's 11118 S Memorial Dr
14,490 SF Retail Building Bixby, OK 74008 $4,589,928 ($317/SF) 6.95% Cap Rate
Investment Highlights
- Potential 13 Year Lease Extension
- 6.95% Cap Rate
- 53 Years, 3 Months Remaining; Potential Long Term Lease, Contact Broker For Status
- Absolute NNN Investment
- Cancellation Option: Nov '27 (Owner Negotiating Modification)
- Excellent Location; Signalized Corner, Including A Drive-Thru Lane
Executive Summary
Contact broker for additional information regarding the status of a new cancellation option date.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,490 SF
Building Class
C
Year Built
2003
Price
$4,589,928
Price Per SF
$317
Cap Rate
6.95%
NOI
$319,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Land Acres
1.78 AC
Zoning
CS
Parking
79 Spaces (5.45 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 57612-83-35-13240 | Improvements Assessment | $82,214 |
| Land Assessment | $170,786 | Total Assessment | $253,000 |
PROPERTY TAXES
Parcel Number
57612-83-35-13240
Land Assessment
$170,786
Improvements Assessment
$82,214
Total Assessment
$253,000
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Arthur Pfefferman -
David Roberts -
Coldwell Banker Commercial Quality Properties
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Walgreen's | 11118 S Memorial Dr
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