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Listed by Jayne Smith • Chinowth & Cohen
$699,000
Est. payment /mo
9,275 SqFt
Active
301 N Broadway AVE Hinton, OK 73047
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 9,275 sqft
Price per Sqft $75
MLS Listing ID OKC1166778
Year Built 2002
Lot Size 1.033 Acres
Acres 1.03
Lot Dimensions 156'x125'
Property Sub-Type Investment
Property Description
Turnkey Investment Opportunity: Family Dollar – Triple Net Lease – Hinton, OK with estimated CAP RATE of 7.38%. Looking for stable, passive income from a nationally recognized tenant? This is a rare opportunity for investors to own a prime commercial property leased by Family Dollar on a long-term Triple Net (NNN) Lease with +/-21 years remaining, with option to extend. The property offers a strong, reliable income, with built-in rent escalations and an automatic extension clause that will increase the rent over the term of the lease. The NNN structure shifts responsibility for property taxes, insurance, and maintenance to the tenant, ensuring minimal management required from the investor. This makes it an ideal passive investment for those seeking stable cash flow with little oversight. Located on the main thoroughfare of this growing town, this property features 15 frontage parking spaces and multiple side parking for customers, sitting on a 1.03-acre corner lot. Built in 2002, with its own loading dock, this well-maintained asset provides an excellent opportunity to invest in a growing community with high visibility and convenient access. The strong tenant, Family Dollar, is a nationally recognized retailer with a proven track record of timely payments, adding significant security to this long-term investment. With the combination of a sought-after location, dependable tenant, and low-maintenance setup, this property is perfect for experienced investors or those looking to diversify their portfolios with a secure commercial asset. Don't miss out on this exceptional investment opportunity!!
Location
State OK
County Caddo
Zoning Commercial
Interior
Fireplace N
Exterior
Parking Features Additional Parking, Asphalt
Garage Description Additional Parking, Asphalt
Others
Miscellaneous Curb and Gutters,Sidewalk,Storage
Casey Tuter
Realtor/Broker Associate | License ID: 172150
+1(405) 595-8902 | casey.tuter@brixrealty.com