Conoco | Newcastle, OK
Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,400 SF Conoco Absolute NNN Lease at 1121 N Main Street in Newcastle, Oklahoma. This Deal Includes an Absolute Triple Net (NNN) Opportunity With 2% Annual Increase and Over 19 Years Remaining, Providing For a Unique Investment.
- Absolute Triple Net (NNN) Opportunity With 2% Annual Increase and 19 Years Remaining on the Term
- Corporate Guarantee From Mountain Express Oil Company (MEX) Who Operates 600+ Locations Across 10 States
- Currently Undergoing Fuel and Canopy Renovations and Upgrades Which is a Significant Investment Into the Site, Paid For By the Tenant Showing a Long Term Commitment
- Number of Households and the Local Population Has Seen a 3.6% Increase in the Last 10 Years and Are Projected to Grow By 1.7% in the Next 5 Years
- Strategically Located on Route 62 Which is the Main Road Through the Town of Newcastle
- Average Household Income Within a 5-Mile Radius is $95,985
- Property is Located Less Than 20-Miles Away From the Center of Oklahoma City, OK, Which is the Capital and Largest City in the State With a Population of Over 1.4 Million People
- Nearby Tenants Include: Sonic Drive-In, USPS, Comfort Inn, Verden Bank, Pizza Hut, Boomarang Diner, The First National Bank & Trust Co., Phillips 66, Taco Mayo and Many More
In Cooperation With ParaSell, Inc., A Licensed Oklahoma Broker Lic. # 183645 BoR: Scott Reid – Lic. # 183646
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