Childcare Network with Rent Bumps

Warr Acres, Oklahoma, is a small suburban city located in the central part of the state, just to the northwest of Oklahoma City. With a population of around 10,000, it provides a quiet, residential atmosphere while remaining closely connected to the bustling city life of Oklahoma's capital. The city is bordered by some of the area's main thoroughfares, such as Northwest Expressway, making it easy for residents to access shopping, dining, and entertainment options in Oklahoma City. Its proximity to major highways also ensures convenient access to surrounding neighborhoods, parks, and recreation areas. Warr Acres features a mix of mid-century homes and newer construction, offering a range of housing options. The city is known for its tree-lined streets, family-friendly environment, and strong sense of community. Local parks and green spaces provide residents with opportunities for outdoor activities, while the area's relatively low cost of living makes it an attractive option for young families and retirees alike. Though it’s considered a part of the Oklahoma City metropolitan area, Warr Acres offers a quieter, more relaxed pace of life, making it a perfect balance between suburban comfort and urban convenience.Fortis Net Lease is pleased to present this 9,281 SF Childcare Network daycare center located in Warr Acres, Oklahoma - part of the Oklahoma City Market! This 15 year Absolute NNN Lease will require zero landlord responsibilities. The lease offers 6% rental rate increases every 5 years including at each of the 3 (5 Year) Options. The store has completed construction and successfully opened for business in April 2024. This Childcare Network benefits from excellent visibility as it is located on the corner of NW 41st Street & N MacArthur Blvd seeing 19,210 cars per day. The site is densely populated and surrounded by homes and businesses. The 5 mile population from the site is 202,541. The 1 mile household income is $59,252. This is area of Oklahoma is seeing a steady growth in population. This investment will offer a new owner continued success due to the strength and proven profitability of the tenant. List price reflects a 7.00% cap rate based on NOI of $239,785.