For Sale
$660,000

2531 Main St Norman, OK 73069

High-Yield NNN Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a 1,235 square foot Dunkin' storefront located at 2531 W Main St, Norman, OK 73069. The property boasts an absolute NNN lease structure, eliminating all owner responsibilities and providing a truly passive income stream. The current 10-year ground lease, expiring August 31, 2032, includes eight additional five-year renewal options with built-in rent escalations, ensuring consistent growth and long-term financial security. Strategically positioned on West Main Street, this property benefits from high visibility and convenient access, situated near major retailers like Walmart and the I-35 interstate. The asking price is $660,000, representing a compelling return on investment for discerning buyers seeking a low-maintenance, high-performing asset in a thriving Oklahoma market. This Dunkin' location is ideally situated to capitalize on the significant foot traffic generated by its proximity to Walmart and the I-35 corridor, further enhancing its appeal as a stable and profitable investment. The absolute NNN lease structure minimizes operational involvement, making it an attractive option for passive investors seeking a reliable and appreciating asset. The lease's built-in rent escalations provide a hedge against inflation, ensuring consistent growth in rental income over the long term. This property offers a rare opportunity to acquire a well-established, high-performing retail investment in a prime Norman location.

Highlights

  • Absolute NNN Dunkin' investment property in Norman, OK.
  • Zero owner responsibilities; ideal passive income investment.
  • 10-year ground lease expiring 8/31/2032, with eight 5-year renewal options and rent escalations.
  • Located on West Main Street near Walmart and I-35.

Property Details for 2531 Main St

Property type
Retail properties, Retail space
Square Feet
1,235 SF

Location Insight

City
Norman
County
Cleveland
State
Oklahoma
Latitude
35.2185815
Longitude
-97.4806147

FAQs

What type of property is this?
Retail property - High-Yield NNN Retail Investment
Where is the retail property located?
The property is located at 2531 Main St Norman, OK.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Absolute NNN Dunkin' investment property in Norman, OK.; Zero owner responsibilities; ideal passive income investment.; 10-year ground lease expiring 8/31/2032, with eight 5-year renewal options and rent escalations.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2531 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message