1420 Washington Blvd Bartlesville, OK 74006
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High-yield NN lease, strong tenant.
Property size:
6,797 SFProperty Features for 1420 Washington Blvd
General Information
- Property type
- Automotive properties
- Square Feet
- 6,797 SF
- Lot Size
- 38,333 SF
Building Details
- Year Built
- 2007
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing Agency: Exclusive Realty Listing Agent: Steve Sagmani
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity features a 6,797 square foot Advance Auto Parts store situated on a 0.88-acre lot at 1420 SE Washington Blvd, Bartlesville, OK 74006. Built in 2007, this single-story building boasts a 100% occupancy rate under a Net Lease (NN) agreement with a corporate guarantee, minimizing landlord responsibilities. The property generates a substantial Net Operating Income (NOI) of $84,000, translating to a compelling 6.46% capitalization rate. The asking price is $1,300,309, resulting in a price per square foot of $191.31. The lease includes a 7% rent bump provision and a single 5-year option. The property is zoned AA1 and benefits from high traffic volume, with over 24,000 vehicles passing daily. This is a single-tenant, single-building property offering a secure and profitable investment opportunity in a thriving location.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Advance Auto Parts
Auto Parts Store
UPS Access Point ...
Courier Service
Location Insight
- Map
- Local Demand
- City
- Bartlesville
- County
- Washington
- State
- Oklahoma
- Longitude
- -95.9346628
- Latitude
- 36.7317885
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FAQs
What type of property is this?
Automotive property - High-yield NN lease, strong tenant.
Where is this automotive property located?
The property is located at 1420 Washington Blvd Bartlesville, OK.
What is the asking price?
The asking price for this property is $1,300,309.
What are key features of this property?
This property features: $1,300,309 asking price for a 6,797 SF Advance Auto Parts net lease property.; 6.46% cap rate with $84,000 NOI.; Located at 1420 SE Washington Blvd, Bartlesville, OK, in a high-traffic area (24,000+ vehicles per day).
