Absolute Net Retail
For Sale
Contact for pricing
Pending
101 E 1st Street, Granite, OK 73547
Brand-new 15-year absolute net retail lease with a store opened in March 2016 and scheduled 10% rent increases.
Days on Market13
Property Features for 101 E 1st Street
General Information
Standard status
Pending
Property subtype
Retail
Lease Type
NNN
Additional Details
Lease Term
180 months
Building Details
Tenancy
Single
Listing Agency:
Trinity Real Estate Investment Services
(325) 864-9775
Listed By:
Branson Blackburn · License #TX 611825
Source:
Crexi
Added: Jul 21
Changed: Jul 22
Last Checked: Aug 1 at 9:58AM
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 Trinity Real Estate Investment Services
Investment Insights
Based on property information with market context.
This offering features a 15-year absolute net lease for a retail store opened in March 2016. The lease includes a 10% rent increase during the primary term and provides for 10% increases at each option period.
The property is described as being located on the main intersection through the Town of Granite. Public remarks also reference Lake Altus and Quartz Mountain State Park as year-round visitor attractions.
Additional public remarks note ongoing retail development in Oklahoma, including mentions of three additional Family Dollar locations. Please contact the agent for more details.
The property is described as being located on the main intersection through the Town of Granite. Public remarks also reference Lake Altus and Quartz Mountain State Park as year-round visitor attractions.
Additional public remarks note ongoing retail development in Oklahoma, including mentions of three additional Family Dollar locations. Please contact the agent for more details.
Key Highlights
- Brand‑new 15‑year absolute net retail lease
- Store opened March 2016
- Lease includes 10% rent increases in the primary term
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
Explore this area
Business Placement
Demographics for 73547, OK
1,843
Population
682
Households
2.7
Avg Household Size
40
Median Age
11%
College-Educated
79%
High-School Grad
117.6 sq mi
ZIP Area
16
Density / Sq Mi
$62,500
Median Household Income
$43,750
Median Earnings
$681
Median Rent
$119,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Brand-new 15-year absolute net retail lease with a store opened in March 2016 and scheduled 10% rent increases.
Where is this nnn property located?
The property is located at 101 E 1st Street Granite, OK.
What are key features of this property?
This property features: Brand‑new 15‑year absolute net retail lease; Store opened March 2016; Lease includes 10% rent increases in the primary term