1617 Garth Brooks Blvd
Yukon, OK 73099
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New Construction Ground Lease: New 15-Year Ground Lease with Five, 5-Year Tenant Options to Renew.
- Regular Rental Increases: The lease features 10% rental increases every 5 years of the base lease term and at the beginning of each option period.
- Health Canadian Valley Hospital: The site is across from a large regional hospital that has a total patient revenue of over $528 MM
- Dense Retail Corridor: The site is directly outparceled to Lowe’s Home Improvement and surrounded by national retailers.
- Strategic Location on I-40: Located on Garth Brooks Blvd. (Exit 136), the site is nearby I-40, which sees over 47,700 Vehicles Per Day.
- The site is centered in a growing retail corridor. Surrounding tenants include Lowe’s, Target, Pet Smart, Big Lots, Hobby Lobby, McAlister’s Deli, etc
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
510 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.53 AC
Zoning
Urban Commercial - Urban Commercial
Frontage
38’ on Garth Brooks Boulevard
PROPERTY TAXES
| Parcel Number | 090100295 | Improvements Assessment | $130,048 |
| Land Assessment | $44,352 | Total Assessment | $174,400 |
