2526 N Main St
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2526 N Main St
2,540 SF Retail Building Miami, OK 74354 $3,104,259 CAD ($1,222 CAD/SF) 6.30% Cap Rate
Investment Highlights
- Near Super Walmart
- Last Major Town Before Missouri
- Off Route 66
Executive Summary
Brand New Construction with a Corporate 10-Year Triple Net Lease in Miami, Oklahoma off of U.S. Rt. 66
This Starbucks out parcel on a Tractor Supply and Locke Supply features a brand-new 10-year corporate triple net lease (NNN) with Starbucks Corporation (NASDAQ: SBUX). The property is at a strategic location directly across from a Super Walmart.
Starbucks Corporation, the world’s leading coffee company with over 38,000 locations worldwide and annual revenue exceeding $36 billion.
Lease Terms: 10-year triple net lease with a solid investment-grade tenant, rated "BBB+" by Standard & Poor’s.
Rent Increases: 7.0% rental increases every five years, ensuring growing returns over the lease term.
Per Statista, the average Starbucks customer visits six times per week, contributing to approximately 60 million customers served weekly and four million coffee-based beverages sold daily.
This Starbucks out parcel on a Tractor Supply and Locke Supply features a brand-new 10-year corporate triple net lease (NNN) with Starbucks Corporation (NASDAQ: SBUX). The property is at a strategic location directly across from a Super Walmart.
Starbucks Corporation, the world’s leading coffee company with over 38,000 locations worldwide and annual revenue exceeding $36 billion.
Lease Terms: 10-year triple net lease with a solid investment-grade tenant, rated "BBB+" by Standard & Poor’s.
Rent Increases: 7.0% rental increases every five years, ensuring growing returns over the lease term.
Per Statista, the average Starbucks customer visits six times per week, contributing to approximately 60 million customers served weekly and four million coffee-based beverages sold daily.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
2,540 SF
Building Class
B
Year Built
2024
Price
$3,104,259 CAD
Price Per SF
$1,222 CAD
Cap Rate
6.30%
NOI
$195,611 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.00 AC
Nearby Major Retailers
1 of 7
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2526 N Main St
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