540 Kerr Blvd Sallisaw, OK 74955
- Retail properties
- 510 SF
- 0.71 lot acres
Current Use by Public Records
- Retail properties
Property Details for 540 Kerr Blvd
- Year built
- 2024
- Lot size
- 0.71 lot acres
- Property size
- 510 SF
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a brand-new, free-standing 7 Brew Coffee building in Sallisaw, Oklahoma. The property boasts a 20-year absolute NNN ground lease with a 6.00% cap rate and a substantial net operating income (NOI) of $100,000. Situated on a 0.71-acre lot, this 510-square-foot, single-story building was constructed in 2024 and enjoys 100% occupancy. The lease includes four, five-year options with a 10% rent increase every five years, ensuring consistent income growth. The tenant, 7 Brew Coffee, is responsible for all property taxes, insurance, and capital expenditures, providing a truly passive investment experience. This fee-simple ownership offers zero landlord responsibilities. The property's strategic location near Walmart and other national retailers, coupled with a strong local demographic (population exceeding 10,100 within 3 miles, median home value over $39,180 within 3 miles), contributes to its exceptional investment potential. The property is currently under construction and is planned to open in December 2024. Adjacent properties, including a Whataburger and Taco Bell, are also available for purchase. This is a rare opportunity to acquire a high-performing, low-maintenance retail asset with significant long-term growth prospects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sallisaw
- County
- Sequoyah
- State
- Oklahoma
- Longitude
- -94.8061
- Latitude
- 35.4541
