Retail    

Starbucks

 Altus, Oklahoma

Asking Price

$2,314,000

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Expenses

NN

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Year Built

2024

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Square Feet

2,531 SF

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NOI

$138,800

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Rent Increases

10% at Year 6

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Investment-Grade Credit Tenant (S&P BBB+) | World’s Largest Coffeehouse Chain
  • New Construction | 10-Year Lease | 10% Increase at Year 6 | No Kickout Clause
  • Rare "Self Maintain" Parcel
  • Three Miles from Altus Air Force Base | 9,700+ Personnel & Civilians | $600M Impact
  • Near Quartz Mountain State Park | 11.5M Oklahoma State Park Visits
  • Across From Walmart Supercenter (Top 12% in Sales Nationally) | Adjacent to New Chick-fil-A (Opened Sept. 2023)
  • Half-Mile from Western Oklahoma State College | 1,304 Students
  • Latest Prototype with Drive-thru
  • $103K Average Household Income

Exclusively Listed By

Anne Perrault

Vice President
  aperrault@northmarq.com   
OK License #156103

Ryan Butler

Regional Managing Director
  rbutler@northmarq.com   

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com   

David Annett

Senior Associate
  dannett@northmarq.com   

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com   

Jacob Ryan

Senior Associate
  jryan@northmarq.com   

Joe Habighorst

Lead Investment Analyst
  jhabighorst@northmarq.com   

Cole Surrett

Investment Analyst
  csurett@northmarq.com   

Heather Foster

Operations Analyst
  hfoster@northmarq.com   

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136

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