8707 US-59
Grove, OK 74344
Star Lube | Long Term NNN | Sale Leaseback · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Triple Net (NNN) Lease With Zero Landlord Responsibilities Limited Quick Lube Competition
- Tenant Operates a Total of 9 Location and Has Previously Sold Locations to Valvoline and Grease Monkey
- Under a 10-Minute Drive From a Densely Populated Retail Area on Main
- Seasoned Operator With Over 30 Years of Experience Working Within the Automotive Services Industry
- Grove is a Fast Growing Area, With an Average Population Growth Rate of 1.23% Over the Past Decade and a Projected Growth Rate of 0.75%
- Street With Major Retailers Such As: Walmart Supercenter, Lowe’s Home Improvement, Walgreens, and Several Area Restaurants
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,650 SF
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.51 AC
Parking
5 Spaces (3.03 Spaces per 1,000 SF Leased)
Frontage
133’ on South 590 Road
PROPERTY TAXES
| Parcel Number | 0037181 | Improvements Assessment | $39,414 |
| Land Assessment | $15,211 | Total Assessment | $54,625 |
