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1516 N Lynn Riggs Blvd

7,200 SF 100% Leased Retail Building Claremore, OK 74017 $1,450,000 ($201/SF)

Investment Highlights

  • 100% Leased NNN Investment
  • Great visibility and access to HWY 66
  • Recent remodel includes new LED lighting, HVAC, Electrical and more
  • 7,200 SF building 100% leased to 3 Tenants

Executive Summary

100% Lease NNN investment property. New 5 year lease with national credit Tenant who occupies 60% of the property. Complete remodel in 2017. Site is conveniently located 1 mile north of downtown Claremore on the historic Route 66. The immediate trade area features multiple retailers, restaurants and major employers, all within 1 mile of the property.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,200 SF
Building Class
C
Year Built/Renovated
1973/2017
Price
$1,450,000
Price Per SF
$201
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Land Acres
0.75 AC
Zoning
C-2
Parking
14 Spaces (1.95 Spaces per 1,000 SF Leased)
Frontage
231 FT on Lynn Riggs Blvd

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
660003255
Land Assessment
$6,577
Improvements Assessment
$23,427
Total Assessment
$30,004
  • Listing ID: 7290728

  • Date on Market: 5/15/2017

  • Last Updated:

  • Address: 1516 N Lynn Riggs Blvd, Claremore, OK 74017

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