701 Piedmont Rd N, Piedmont, OK
New 10-year NN lease with rental escalations.
- Added:
- Jun 2, 2025
- Days on Market:
- 375
- Last Refresh:
- May 19 at 10:57 pm
Property Features for 701 Piedmont Rd N
General Information
- Standard status
- Active
- Size
- 10,500 SF
- Lot size
- 14.94 Acres
- Property subtype
- RETAIL
Listing agent Justin Zahn (480) 718-5555
Listing office Commercial Investment Advisors (CIA) - Corporate (480) 718-5555
Listing date Jun 2, 2025
Source Moodyscre
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 Commercial Investment Advisors (CIA) - Corporate
HighLights
- Brand New 10‑year NN* Lease with rental escalations every 5 years.
- Brand new, build‑to‑suit construction (opened August 2024).
- Dollar Tree's latest prototype spanning 10,000 SF.
- High Average Household Income (1‑MI): $110,259.
- Favorable lease structure (NN*).
- High Population Density (5‑MI): 147,925.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $151.2k | $14.40 |
| − Vacancy | −$6.4k | −$0.60 |
| EGI | $144.8k | $13.80 |
| − OpEx | −$43.5k | −$4.14 |
| NOI | $101.4k | $9.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Piedmont
- County
- Canadian
- State
- Oklahoma
- Longitude
- -97.7453
- Latitude
- 35.6418
