new $8,675,000 6.50% cap rate 4.434 acres · 2017. 7. 28. · stillwater, oklahoma is the midpoint...
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$8,675,0006.50% Cap Rate
4.434 Acres2409 N Perkins Rd Stillwater, OK 74075
Investment Highlights:• Industry leading credit tenant on 15 year corporate lease• 2015 class A construction at a high traffic high profile
signalized intersection• 2014 traffic counts of 19,600 AADT directly in front of
property (highest count in city)• Dominant regional trade area adjacent to a new Ross, Belk,
Petco, Best Buy power center
• 2 miles from Oklahoma State University (24,000 students 6,000 employees) and 3 miles from Stillwater Regional Airport
• Academy (KKR owned) is the #1 sporting goods retailer in sales per store and has 200+ stores in 15 states
• Consistently growing market since 2000 with over 85,000 people within a 30 minute drive
• Ranked 6th fastest growing small city in the U.S. by Forbes.com and one of “America’s Best Small Cities” by CNN/Money
2016 Demographics: 15 Mile Radius Population - 71,953
Average Household Income - $58,815
Market Profile:Honored by CNN Money Magazine as one of “The Top 100 Places to Live” - Stillwater is a proud community built on its pioneer heritage and spirited citizens. Stillwater, Oklahoma is the midpoint between Tulsa and Oklahoma City, and is centrally located as a national corridor of business, learning, and living in a strong regional market. A site for R&D, Stillwater is home to 3 academic and educational institutions, millions of dollars in grants, and a competitive population.
Oklahoma has been ranked as one of best states for cost of doing business and pro-business environment. Here are the facts:CNBC ranked Oklahoma as #1 in the nation for cost of doing business. Oklahoma was named #3 for lowest cost of living in Amercia by CNBC. Forbes ranked the Oklahoma pro-business environment #5 in the nation for best economic climate.
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For more information:
J. Tyson Glasser, CCIM • Investment Sales Director
[email protected] • 864.263.5427 o • 404.435.6312 c