new $12,060,000 5.85% cap rate +/- 10.81 acres · 2016. 5. 17. · stillwater, oklahoma is the...

$12,060,0005.85% Cap Rate+/- 10.81 Acres

(includes 2 undeveloped pads) 2399 -2409 N Perkins Rd Stillwater, OK 74075

Investment Highlights:• Industry leading credit tenants on 15 year corporate leases (WM

is a ground lease)• 2015-2016 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

• Walmart (NYSE: WMT, S&P: AA) is Fortune 500’s #1 company and has 11,500+ stores in 28 countries

• Academy (KKR owned) is the #1 sporting goods retailer in sales per store and has 200+ stores in 15 states

• Two +/- .88 acre outparcel pads available for purchase at $500,000 each

• $3.4 million TIF note available for purchase (contact broker for details)

• 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

2015 Demographics: 15 Mile Radius Population - 71,434

Average Household Income - $58,453

Area Information: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.

www.REALTYLINKDEV.com

For investment information:Tyson Glasser, CCIM

Investment Sales Directortglasser@realtylinkdev.com

864.263.5427 o • 404.435.6312 c