1420 Washington Blvd Bartlesville, OK 74006
- Commercial real estate
- 6,797 SF
- 0.87 lot acres
Current Use by Public Records
- Advance Auto Parts / Auto Parts Store / Car Accessories Store
- UPS Access Point location / Shipping And Mailing Service / Mailing Service
Property Details for 1420 Washington Blvd
- Year built
- 2007
- Lot size
- 0.87 lot acres
- Property size
- 6,797 SF
- Property type
- Commercial real estate
- APN
- 010999-162613-003000-29
- APU
- 1099916261300300029
Description
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.
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
- Bartlesville
- County
- Washington
- State
- Oklahoma
- Longitude
- -95.9346
- Latitude
- 36.7319
- CBSA code
- 12780
- CBSA name
- BARTLESVILLE, OK MICROPOLITAN STATISTICAL AREA
