Retail    

SafeSplash Swim School

DBA Miller Swim School

 525 91st Street | Tulsa, Oklahoma

World’s Largest Swim School Operator
SafeSplash Holdings | Corporate Guaranty (250+ Units)

Price:                Cap Rate (Year 1):
$2,870,000       7.25%

Cap Rate (Avg)1:
8.19%

1 Average Cap Rate based on average NOI over the remaining Base Lease Term.

For more details on this exclusive listing

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SafeSplash Corporate Lease Guaranty

250+ Locations

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12+ Years

NNN Lease

Rent Increases

2.00% Rental Increases

Annually

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2019 Construction

Large Parcel 1.57~Acres

INVESTMENT HIGHLIGHTS

  • SafeSplash Corporate Lease Guaranty
    World’s Largest Swim School Group
    250+ Locations Across 32 States
  • 12+ Year NNN Lease
    Tenant Responsible for Roof
    Landlord Responsible for Structure Only
  • 2.00% Rental Increases Annually
    Contractual Rent Growth
  • Affluent, Rapidly Growing Market
    $114,000+ Avg. HH Income (1-Mi)
    16.2% Population Growth Since 2010 (5-Mi)
  • Large Parcel Offers Strong Residual Value
    1.57-Acre Land Parcel
    Attractive, Recent Construction
  • Jenks – A Top Tulsa Suburb
    26.7% Growth Since 2010
    Property on Border of Tulsa & Jenks
  • 2019 Construction
    Build-to-Suit for SafeSplash
    DBA Miller Swim School
  • Adjacent to Jenks Public Schools
    #1 School District in Oklahoma; Top-200 in U.S.
    >12,500 Total Students
  • Adjacent to Tulsa Riverside Airport
    Busiest Airport in Oklahoma
    > 223K Annual Takeoffs/Landings

Exclusively Listed By

Brandon Duff

Managing Director & Senior Vice President
  bduff@northmarq.com      +1 312.240.0162

Mackenzie Wolfgram

Associate Vice President
  mwolfgram@northmarq.com      +1 312.777.2454

Brandt Fuller

Senior Analyst
  bfuller@northmarq.com   

In Association With
Scott Briggs

OK Lic. #160500

Northmarq

303 E Wacker Dr, Suite 1111
Chicago, IL 60601


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