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100% Occupied Triple Net Investment 227 S Philadelphia Ave

13,387 SF Industrial Building Shawnee, OK 74801 $940,225 CAD ($70 CAD/SF) 11.65% Cap Rate

INVESTMENT HIGHLIGHTS

  • 1200 amp three phase
  • New roof
  • Large fenced in yard
  • Lease runs through 9/30/2026

EXECUTIVE SUMMARY

227 S, Philadelphia is located just blocks from downtown Shawnee. This industrial property has approximately 13,000 square feet with a large majority of the building being climate controlled. The roof has been replaced in the past two years. The current lease runs through 9/30/2026.
There is a triple net lease in place for the entire building that has an expiration date of 9/30/2026. The property features dock and grade level doors with a large fenced in storage area.

FINANCIAL SUMMARY (ACTUAL - 2022)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $109,529 $8.18
Other Income $20,656 $1.54
Vacancy Loss - -
Effective Gross Income $130,185 $9.72
Taxes $6,249 $0.47
Operating Expenses $14,407 $1.08
Total Expenses $20,656 $1.54
Net Operating Income $109,529 $8.18

FINANCIAL SUMMARY (ACTUAL - 2022)

Gross Rental Income (CAD)
Annual $109,529
Annual Per SF $8.18
Other Income (CAD)
Annual $20,656
Annual Per SF $1.54
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $130,185
Annual Per SF $9.72
Taxes (CAD)
Annual $6,249
Annual Per SF $0.47
Operating Expenses (CAD)
Annual $14,407
Annual Per SF $1.08
Total Expenses (CAD)
Annual $20,656
Annual Per SF $1.54
Net Operating Income (CAD)
Annual $109,529
Annual Per SF $8.18

PROPERTY FACTS

Price $940,225 CAD
Price Per SF $70 CAD
Sale Type Investment
Cap Rate 11.65%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.73 AC
Rentable Building Area 13,387 SF
No. Stories 1
Year Built/Renovated 1940/2022
Tenancy Single
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • YCZH Construction LLC
  • -
  • 13,387 SF
  • $8.19 CAD
  • Net
  • Sep 2026
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
YCZH Construction LLC - 13,387 SF $8.19 CAD Net Sep 2026

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
243000004018000000
Land Assessment
$6,838 CAD (2023)
Improvements Assessment
$52,993 CAD (2023)
Total Assessment
$59,831 CAD (2023)
Annual Taxes
$6,249 CAD ($0.47 CAD/SF)
Tax Year
2022

ZONING

Zoning Code C-4 (Industrial)
C-4 (Industrial)
  • Listing ID: 28431081

  • Date on Market: 2023-05-08

  • Last Updated:

  • Address: 227 S Philadelphia Ave, Shawnee, OK 74801

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