NNN Investment Opportunity | NW 5th & N Virginia Ave

Elevate your portfolio with a rare NNN investment opportunity at 735-1737 NW 5th Street, Oklahoma City. Secured by a lease with A+ Extraction, a leading cannabis processing player, this property guarantees a substantial $102,000 annual base rent. The lease, active since 2022 and extending till March 2027, includes a coveted 5-year renewal option with a 10% rent escalation. Enjoy hassle-free ownership as the tenant has already invested over $500,000 in renovations, enhancing the exterior facade, electric capacity, and interior aesthetics.  Adjacent to "Dead People Stuff," Cross Timber Brewing, and the Cat Cafe, this property's strategic location adds to its allure. Seize the opportunity with a solid 8.0% cap rate, offering both  stability and growth potential in the booming cannabis sector.

Price: $1,390,000.00 
CAP Rate: 8.0

Size: 16,891 SF
Land: 14,040 SF ( 0.32 Acres)

Built: 1930, Renovated: 2023
Credit Tenant - Cannabis Extraction

New Exterior facade