BOOT BARN, ADA, OK

About the Property

• This location is currently undergoing a renovation to suit Boot Barn – the estimated date of completion is September 18, 2019.
• The lease will be brand new with ten (10) years of term plus four (4), five (5) year options.
• The lease is signed by Boot Barn Inc., the largest and fastest-growing lifestyle retail chain devoted to western and work-related footwear, apparel and accessories in the United States.
• The lease structure is double net (NN), with minimal landlord responsibilities. Tenant is responsible for HVAC, maintaining CAM and parking, and payment of all taxes, utilities, and insurances.
• The lease provides for 10% rental increases every five (5) years.
• Boot Barn is situated in Ada’s main retail corridor. Surrounding retailers include Chili’s, Dollar Tree, Cinemark, Tractor Supply Co., ALDI, Bath & Body Works, Hibbett Sports and Petsense, among many others.
• The next closest Boot Barn is 68 miles (72 minutes) from this location in Norman, OK.
• Ada is located 84 miles (90 minutes) southeast of Oklahoma City, OK, and is the county seat of Pontotoc County.
• East Central University (ECU) is located just 1 mile (5 minutes) from the subject property. The campus consists of 37 buildings on 135 acres and typically enrolls nearly 4,000 students per semester.
• Mercy Hospital Ada is a 156-bed, acute-care facility serving Pontotoc County and the surrounding areas in south-central Oklahoma. The Hospital is located just 2 miles (7 minutes) from the subject property.

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