Price: $1,527,273
Cap Rate: 5.50%
Net Operating Income: $84,000
Square Footage: 3,448

This is an absolute net leased C-Store offering in Oklahoma City, OK. This BP branded station has a new 20 year absolute NNN lease and calls for 1.75% annual increases in rent. The lease is corporately guaranteed by a leading 700-unit operator.

Oklahoma City, officially the City of Oklahoma City, and often shortened to OKC, is the capital and largest city in the U.S. state of Oklahoma. The county seat of Oklahoma County, it ranks 26th among United States cities in population, and is the 11th largest city in the Southern United States. The population grew following the 2010 census and is estimated to have reached 662,314 as of July 2020. The Oklahoma City metropolitan area had a population of 1,396,445, and the Oklahoma City–Shawnee Combined Statistical Area had a population of 1,469,124, making it Oklahoma’s largest municipality and metropolitan area by population.