5820 41st St, Warr Acres, OK 73122-3104

Exceptional investment opportunity: a 9,151 square foot childcare center in Warr Acres, Oklahoma, boasting a 6.75% cap rate. This property features a 15-year absolute NNN lease with a corporate guarantee from Childcare Network, a leading provider with over 260 locations. The lease commenced November 16, 2024, and expires November 30, 2039, offering significant long-term stability. Rent increases are built-in with a 6% bump every five years. The property, located at 5820 Northwest 41st Street, zip code 73122, sits on a 1.48-acre lot and underwent a complete renovation in 2024. The building, originally constructed in 1983, enjoys 100% occupancy. The Net Operating Income (NOI) is $239,785, with a price per square foot of $388.19 and an asking price of $3,552,370. The lease includes three five-year renewal options, further securing the investment. Benefiting from its location near major retail hubs including Sam's Club, Target, and more, and within a densely populated area with over 200,000 residents within a five-mile radius and eight elementary schools within two miles, this property presents a compelling investment prospect. The property's proximity to Will Rogers World Airport (WRWA) adds to its strategic value.