2531 Main StNorman, OK 73069

Property Details for 2531 Main St

Property size (Sq ft)

1,235 SF

Property type

Retail properties

Property subtype

Retail space

Description

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.

Location Insight

City

Norman

County

Cleveland

State

Oklahoma

Latitude

35.2186

Longitude

-97.4806

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