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Investment opportunity triple net lease in place for five years

82 Casey Lane, Durant, OK, USA
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  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale

Listing ID : 594750

Listed On July 20, 2023 View Count 550

Listing Updated December 29, 2023

Price For Sale:
$1,149,000
Cap Rate:
12%
Utilities:
Electricity, City Water, Solar, Garbage
Year Built:
2019
Cannabis or Hemp Use:
Cannabis Only, Hemp Only, Cannabis and/or Hemp
Terms of Sale:
Cash, Financing , Owner Financing
Company Name:
Jennifer Hubbard RE Brix Realty
Phone:
405-444-4301
Email:
Jennifer.hubbard@brixrealty.com
Description :

Price drop looking for serious offers

Incredible Investment Opportunity! This commercial property presents a prime chance to grow your portfolio and maximize your returns. With a triple-net lease, current tenants are secured for the next five years, offering a stable income stream. The current lease includes a guaranteed yearly 5% cost of living rent increase, ensuring consistent growth in your investment.
Situated on a large 2.5-acre lot, this 18,800-square-foot warehouse provides privacy and security, making it an attractive option for any business. The property’s strategic location, just minutes away from the thriving industrial and college town of Durant, and a short 25-minute drive to the Texas state line, offers direct access to the bustling Dallas Fort Worth area. This prime location ensures excellent visibility, accessibility, and a steady flow of potential
The total of 1,8800 square feet. Property consisting of two commercial buildings.
The large warehouse, the first warehouse is 100 x 40 feet, and the second building is 60 x 80 feet. It also offers two bathrooms, three office spaces, and a spacious common area break room.
Fully Equipped with AC and heat, this property ensures a comfortable working environment year-round. It also includes a 100 x 40 shipping container for storage on the property, a generous parking area, and accommodating employees and customers easily.
Don’t miss out on this exceptional investment opportunity, perfect for a 1031 exchange. Act now to secure this property and unlock its potential for long-term growth and financial success. Contact us today for further details and take advantage of this remarkable opportunity!

https://www.jenniferhubbardhomesoklahoma.com/

Jennifer Hubbard 405-444-4301

https://www.jenniferhubbardhomesoklahoma.com/

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Brix Realty
License:201825

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