1304 9Th St Sapulpa, OK 74066
- Office buildings
- 1,290 SF
- 3.02 lot acres
Current Use by Public Records
- Merit Enterprises, Inc. / Pipe Supplier
Property Details for 1304 9Th St
- Year built
- 1972
- Lot size
- 3.02 lot acres
- Property size
- 1,290 SF
- Property type
- Office buildings
- APN
- 1999-26-018-011-0-260-00
- APU
- 199926018011026000
Description
This exceptional investment opportunity presents a 2,540 square foot Starbucks located at 1304 N 9th St, Sapulpa, OK 74066, just 10 miles from Tulsa. The property sits on a 0.98-acre lot and boasts a prime location at the hard signalized intersection of N 9th St/Rt. 66 (17,000+ vehicles per day) and Crestview Dr, directly off Interstate 44 (52,000+ vehicles per day). Built in 2024, this single-tenant, net-lease property features a 10-year lease with Starbucks (S&P BBB+), the world's largest specialty coffee retailer, commencing November 1, 2024, and expiring November 1, 2034. The lease includes four 5-year renewal options and 10% rent bumps every five years. The property offers a strong 6.35% cap rate with a Net Operating Income (NOI) of $168,00
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
- Sapulpa
- County
- Creek
- State
- Oklahoma
- Longitude
- -96.1132
- Latitude
- 36.0143
- CBSA code
- 46140
- CBSA name
- TULSA, OK METROPOLITAN STATISTICAL AREA
