Chisholm Corner, Duncan, Oklahoma

Investment Highlights

• Brand New 15 Year Absolute NNN Lease – Stable Cash Flow Asset – Zero Landlord Responsibilities – Four (5-Year) Options to Renew
• 10% Rental Increases Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation
• Lease is Guaranteed by Montfort Companies Parent Entity – Montfort is the Largest 7-Eleven Franchisee and is a Growing C-Store Operator – They Have Built a Strong Presence in Oklahoma as well as Colorado, Texas, Wyoming, Kansas & Minnesota
• Long Operating History at the Site & the Tenant Recently Executed a New Lease, Evidencing Their Commitment to the Location Long-Term
• Recession & Internet Resistant Use – C-Stores Generate “Daily Needs” Business and Have a Stable Consumer Base
• Intrinsic Value Asset with Accelerated Depreciation Capability – 1,484 Square Feet C-Store on a Sizeable 1.56 Acre Parcel Containing 13 Parking Spaces & a Long Drive-Thru Bay, Providing Chisholm Corner with the Ability to Effectively Handle High Customer Volume
• Densely Populated, Infill Location with Strong Demographics – Over 25,300 People in a 5-Mile Radius with Average Household Income Exceeding $91,000 in a 1-Mile Radius of the Property
• More Than 3,500 Vehicles Per Day on W. Plato Rd, Over 2,800 Vehicles Per Day on N. 5^th Street & an Additional 21,769 on Nearby US-81
• Over 3.9 Million Square Feet of Industrial & Office Space and 2.3 Million Square Feet of Restaurant & Retail within a 5-Mile Radius of the Property, Resulting in a High Daytime Population of More Than 1,000 Businesses & 10,700 Employees
• Centrally Positioned within a Half-Mile Radius of Five Different Churches, Bringing Hundreds of Drivers Directly in Front of the Site Multiple Days Every Week
• Approximately 1.8 Miles from a Walmart Supercenter Department Store That Has Seen More Than 2.47 Million Visitors Over the Prior Calendar Year
• Approximately 2.6 Miles from the 110 Bed Duncan Regional Hospital with Over $415.4 Million in Total Patient Revenue in 2021 and a Staff of More Than 267 Physicians & 2,700 Additional Healthcare Professionals
• Located Less Than 4 Miles from Halliburton’s Duncan Manufacturing Center – The 705,000+ Square Foot Facility Sits On More Than 160-Acres & Employs Over 1,000 People, Generating Jobs & Growth Opportunities for Duncan & the Surrounding Areas
• More Than 780 Apartment Units & 13 Hotels with a Combined 604 Rooms Located within a 5-Mile Radius of the Property