Lowe's Ground Lease
1320 E 2nd St, Edmond, OK 73034
NNN ground lease with rent increases in high-income Edmond.
Type:Retail
Property size:
115,000 SFLot size:
15.80 AcresPrice / SF:
$103/SF- Added:
- Mar 2, 2026
- Days on Market:
- 72
- Last Refresh:
- Mar 16 at 1:52 pm
Property Features for 1320 E 2nd St
General Information
- Standard status
- Active
- Size
- 115,000 SF
- Lot size
- 15.80 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2001
Listing agent Gregory Laughton License #NC 313776
Listing office Northmarq Capital, LLC
Listing date Mar 2, 2026
Source Crexi
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 Northmarq Capital, LLC
HighLights
- NNN Ground Lease with Lowe's, providing a passive income stream.
- Strong Corporate Guarantee: Lowe's Companies, Inc. with $83.7 Billion in annual revenue.
- Attractive Rent Increases: 10% rent increases at each option period.
- Located in a High‑Income Area: Average household income within 5 miles exceeds $150,000.
- Large Property: 115,000 SF home improvement store on 15.80 AC.
- Established Location: Built in 2001 and currently in its 2nd option period.
Overview
Offered for sale is the Lowe's Ground Leased location in Edmond, OK. The property consists of a 115,000 square foot home improvement store situated on 15.80 acres. The property is under a NNN ground lease with 10% rent increases at each option period. There are six, five-year options; the property is currently in its second option period. Edmond is a high-income suburb of Oklahoma City, with the average household income within 5 miles of the property exceeding $150,000. Lowe’s Companies, Inc. is a major home improvement retailer, serving both do-it-yourself customers and professional contractors. As of 2024, Lowe’s reported over $83.7 billion in annual revenue with a net income of $6.96 Billion for fiscal year 2024.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Lowe's ProServices
Building Supply
Lowe's Garden Center
Garden Center
minuteKEY with KeyHero
Locksmith
Lowe's Home Improvement
Building Supply
The Salvation Army Donation ...
Charitable Organization
Location Insight
- Map
- Local Demand
- City
- Edmond
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.5356589
- Latitude
- 35.46975
Nearby Similar for Sale
FAQs
What type of property is this?
NNN property - NNN ground lease with rent increases in high-income Edmond.
Where is this nnn property located?
The property is located at 1320 E 2nd St Edmond, OK.
What is the asking price?
The asking price for this property is $11,944,278.
What are key features of this property?
This property features: NNN Ground Lease with Lowe's, providing a passive income stream.; Strong Corporate Guarantee: Lowe's Companies, Inc. with $83.7 Billion in annual revenue.; Attractive Rent Increases: 10% rent increases at each option period.
