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2361 E Alameda St, Norman, OK

7-Eleven

$2,600,000

Key Information

Cap Rate
5%
Tot. SF
4,400
Lot Size
0.6 Acres
Year Built
± 15 Years
Type
Retail
Occupancy
100%

Highlights

• Top-Rated Tenant: 7-Eleven has investment-grade credit, rated ‘A-‘ by Standard and Poor’s, reflecting strong financial stability and institutional-grade credit quality.
• Iconic Brand: 85,000+ Locations Worldwide, 13,000+ in the United States and Canada, underscoring unparalleled brand recognition and operational scale.
• Absolute NNN Lease: Offering a secure and passive investment.
• Long Term Lease: Tenant recently extended the lease for 15 years, showing a strong commitment to the location.
• Successful Historical Occupancy: 7-Eleven has operated successfully at this site for 39 years, demonstrating proven long-term viability.
• Hard Signalized Corner: Located at the intersection of Alameda & 24th Ave with over 24,200+ vehicles per day.
• Hedge Against inflation: Built in rental increases, 10% every 5 years.
• Fee Simple Ownership: Opportunity to own both the land and improvements.
• Eligible for Bonus Depreciation: Please consult with a CPA to confirm.
• Stable and Recession-Resistant Industry: Provides you with a consistent income stream.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 180760, 180759 (OK)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203