4734 Kickapoo AveShawnee, OK 74804
- Retail properties
- 1,418 SF
Property Details for 4734 Kickapoo Ave
- Year built
- 2024
- Lot size
- 0.56 AC
- Property size (Sq ft)
- 1,418 SF
- Property type
- Retail properties
- Property subtype
- Auto shops
Description
Exceptional investment opportunity in Shawnee, Oklahoma, featuring a brand-new, 1,418 square foot Take 5 Oil Change. This property boasts a 20-year triple-net (NNN) lease with a corporate guarantee from Drive Funding Holdco, LLC, a company operating 3,500+ units, ensuring minimal landlord responsibilities and a secure income stream. The lease commenced in 2024 and includes four 5-year renewal options, providing long-term stability. The annual rent is $105,000, with built-in annual increases of 1.50%, offering protection against inflation. The property sits on a 0.56-acre lot at 4734 N Kickapoo Ave, Shawnee, OK 74804, and offers a compelling 6.25% cap rate on the asking price of $1,680,000. This is a 100% occupied, single-tenant property built in 2024, presenting a low-risk, high-return investment opportunity for discerning buyers. The property's strong tenant, lease terms, and location combine to create a highly desirable investment asset.
Location Insight
- City
- Shawnee
- County
- Pottawatomie
- State
- Oklahoma
- Latitude
- 35.3804
- Longitude
- -96.9305
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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