You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Drug stores

950 E Taft Ave Sapulpa, OK 74066

14,895 SF Built 2002
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US69-0551061
Property summary
AI-generated overview

This exceptional investment opportunity presents a Walgreens pharmacy located at 950 E Taft Ave, Sapulpa, OK 74066. The property boasts a substantial 15,000 square foot building situated on a 2.03-acre lot, constructed in 2002. Currently operating under a Net Lease (NNN) agreement with a corporate guarantee, the lease features a remaining term of approximately 2.9 years, with three five-year renewal options. The lease commenced on November 1st, 2002, and is set to expire on October 31st, 2027. The property enjoys 100% occupancy, generating a Net Operating Income (NOI) of $235,000, resulting in a compelling 7.25% cap rate. The asking price is $3,241,000, translating to $216.07 per square foot. Key features include a drive-thru, ample parking, and excellent visibility from E Taft Ave and S Division St. The tenant is responsible for roof and structural maintenance. The property benefits from its strategic location directly across from Xpress Wellness Urgent Care and minutes from other health centers and clinics, ensuring high foot traffic and strong tenant performance. This is a rare opportunity to acquire a well-established, high-performing retail property with a reliable corporate tenant and significant residual land value.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2002
Construction CONCRETE BLOCKS
Total area 14,895 SF
APN 1023-00-001-000-0-010-00
UPID US69-0551061
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • FedEx OnSite Postal Service Courier Service
  • Walgreens Photo (Bike/Boat/Book/etc) Store
  • COVID-19 Drive-thru Testing at Walgreens Pharmacy
  • LibertyX Bitcoin ATM Atm
  • Walgreens Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.93M
CAP Approach CAP
$2.54M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.73M
Owner & transaction history
950 E Talt LLC · 4 yrs held
950 E Talt LLC
since 2022
Last sale
$3.7M
1 recorded transaction
2022
$3.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $2.9M +77.8%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message