1516 N Lynn Riggs Blvd
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1516 N Lynn Riggs Blvd
7,200 SF 100% Leased Retail Building Claremore, OK 74017 £1,144,050 (£159/SF)
Investment Highlights
- 100% Leased NNN Investment
- Great visibility and access to HWY 66
- Recent remodel includes new LED lighting, HVAC, Electrical and more
- 7,200 SF building 100% leased to 3 Tenants
Executive Summary
100% Lease NNN investment property. New 5 year lease with national credit Tenant who occupies 60% of the property. Complete remodel in 2017. Site is conveniently located 1 mile north of downtown Claremore on the historic Route 66. The immediate trade area features multiple retailers, restaurants and major employers, all within 1 mile of the property.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,200 SF
Building Class
C
Year Built/Renovated
1973/2017
Price
£1,144,050
Price Per SF
£159
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.22
Land Acres
0.75 AC
Zoning
C-2
Parking
14 Spaces (1.95 Spaces per 1,000 SF Leased)
Frontage
231 ft on Lynn Riggs Blvd
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 660003255 | Improvements Assessment | £18,484 |
| Land Assessment | £5,189 | Total Assessment | £23,673 |
PROPERTY TAXES
Parcel Number
660003255
Land Assessment
£5,189
Improvements Assessment
£18,484
Total Assessment
£23,673
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Justin Brown -
Steve Walman -
Walman Commercial Real Estate Services
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1516 N Lynn Riggs Blvd
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