Grove, OK 74344

Starbucks

Property Address

1722 South Main Street, Grove, OK, USA

Offering Summary

  • Price: $1,990,000
  • Lot Size: .58 Acres
  • Cap Rate: 6.15%
  • Year Built: 2023
  • Building SF: 2,225
  • Status: Available
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  • Brand New 10-Year Corporate Lease with Starbucks (NASDAQ: SBUX)
  • High-Quality 2023 Construction with a Drive-Thru
  • 8 Percent Rental Increases Every Five Years Throughout the Initial Term and Multiple Renewal Options
  • Excellent Frontage and Accessibility Along S Main St / Hwy 10 (14,400 Cars per Day)
  • Upcoming Shopping Center in Development with Major Retail Tenants: Ross, Marshalls, & Bealls with Shared Ingress/Egress
  • Central Location in Grove's Primary Retail Corridor - Notable Tenants Include Walmart, Lowe's, Harps Food Stores, Walgreens, Taco Bell, Sonic, and More
  • Immediate Proximity to INTEGRIS Health Grove Hospital within 1 Mile
  • Direct Connection to Central Grove, Grove Regional & Municipal Airports, and Grand Lake State Park Sites

Broker Information