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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

10 Goodrich Blvd Miami, OK 74354

629 SF 0.5 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents the fee simple interest in a newly constructed (2023) Scooter's Coffee located in Miami, Oklahoma. The property boasts a 15-year absolute NNN lease with a highly creditworthy franchisee, ensuring minimal landlord responsibilities. The lease features annual rent bumps of 1.75%, providing a hedge against inflation. Four, five-year renewal options further solidify the long-term investment potential. Situated on a prominent 0.5-acre corner lot along Route 66, this 629 square foot building benefits from high visibility and significant daily traffic. The surrounding area includes numerous national brands, creating a strong retail environment. The property's strong financial performance is reflected in a 7.00% cap rate and a net operating income (NOI) of $82,000. This sale-leaseback transaction offers a secure, low-maintenance investment with substantial upside potential in a thriving market. The tenant, a successful franchisee, provides a personal guarantee, adding an extra layer of security. This is a rare opportunity to acquire a well-positioned, high-performing asset with a proven track record in a rapidly growing sector.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 629 SF
Lot 0.5 ac (21,780 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Scooter's Coffee Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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