Absolute NNN Scooter
105 12TH AVE SE, Norman, OK 73071
For Sale
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Absolute NNN investment with a ground lease expiring 8/31/2031 and four additional five-year terms with 10% escalations.
Property Size2,275 SF
Price / SF$314.29
Days on Market249
Property Features for 105 12TH AVE SE
General Information
Standard status
Size
Property subtype
Listing Agency:
Fleske Commercial Group
(405) 701-3505
Listed By:
Kendra Streeter · License OK #182589
(405) 590-7202
Source:
Moodyscre
Added: Mar 10
Changed: Nov 11
Last Checked: Nov 12 at 9:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fleske Commercial Group
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Investment Insights
Based on property information with market context.
Now available for sale, this absolute NNN Scooter’s investment property is offered with “zero owner responsibilities,” according to the listing description. The property includes a 10-year ground lease with an expiration date of 8/31/2031, followed by four additional 5-year terms.
The lease structure also calls for 10% rent escalations. The property is located at 105 12TH AVE SE in Norman, Oklahoma, and is listed as approximately 2,275 square feet.
This offering is presented as a passive investment tied to the ground lease, with the term extending through the additional renewal periods as outlined above.
The lease structure also calls for 10% rent escalations. The property is located at 105 12TH AVE SE in Norman, Oklahoma, and is listed as approximately 2,275 square feet.
This offering is presented as a passive investment tied to the ground lease, with the term extending through the additional renewal periods as outlined above.
Key Highlights
- Absolute NNN scooter’s investment property in Norman, OK (University of Oklahoma Sooners).
- 10‑year ground lease expires 8/31/2031.
- Ground lease includes four additional 5‑year terms.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
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Business Placement
Demographics for 73071, OK
43,379
Population
19,192
Households
2.3
Avg Household Size
31
Median Age
42%
College-Educated
94%
High-School Grad
23.3 sq mi
ZIP Area
1,862
Density / Sq Mi
$59,258
Median Household Income
$32,830
Median Earnings
$1,059
Median Rent
$206,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN investment with a ground lease expiring 8/31/2031 and four additional five-year terms with 10% escalations.
Where is this nnn property located?
The property is located at 105 12TH AVE SE Norman, OK.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Absolute NNN scooter’s investment property in Norman, OK (University of Oklahoma Sooners).; 10‑year ground lease expires 8/31/2031.; Ground lease includes four additional 5‑year terms.
