1201 Commerce St Ardmore, OK 73401-1829

This exceptional investment opportunity presents a newly constructed 7 Brew coffee shop located at 1201 N. Commerce, Ardmore, OK 73401. The property, built in 2024, boasts 610 square feet on a 0.47-acre lot and is situated as an outparcel to a Hobby Lobby/TJ Maxx anchored power center, benefiting from high visibility in Ardmore's main retail corridor. The property features a 15.1-year absolute NNN lease commencing February 1, 2024, and expiring February 28, 2039, with a substantial remaining term of 14.3 years. The lease includes a 10% rent increase every five years, providing significant long-term growth potential. The current annual net operating income (NOI) is $103,999, resulting in a 6.50% cap rate and a price per square foot of $2,622.95. The asking price for this single-unit, 100% occupied property is $1,600,000. The lease includes five, 5-year renewal options, each with a 10% rent increase. This investment offers a compelling combination of a strong tenant, a prime location, and a secure, long-term lease structure. The property's classification includes QSR/Fast Food, Restaurant, and Storefront.