2701 W California Ave
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2701 W California Ave
23,810 SF Industrial Building Oklahoma City, OK 73107 $5,496,700 CAD ($231 CAD/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Lease for existing tenant just extended to 10 years (from 5). Lease commencement was November 2023, so approximately 8 years and 9 months remaining.
- Warehouse: 9,310± SF
- Land Size: 1.4± Acres
- Building Size: 23,810±
- Fully climate controlled showroom/office: 14,500± SF (Includes two large storage areas with grade-level loading)
- Zoning: I-1 and I-2
EXECUTIVE SUMMARY
Single-Tenant Net-Leased Investment | NOW a 120-Month Lease! | NNN Lease Structure | Annual Increases
PROPERTY FACTS
| Price | $5,496,700 CAD | Rentable Building Area | 23,810 SF |
| Price Per SF | $231 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1974 |
| Cap Rate | 7.50% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.84/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 17’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 1.40 AC |
| Price | $5,496,700 CAD |
| Price Per SF | $231 CAD |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.40 AC |
| Rentable Building Area | 23,810 SF |
| No. Stories | 1 |
| Year Built | 1974 |
| Tenancy | Single |
| Parking Ratio | 0.84/1,000 SF |
| Clear Ceiling Height | 17’ |
| No. Drive In / Grade-Level Doors | 4 |
AMENITIES
- Fenced Lot
- Security System
- Storage Space
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PROPERTY TAXES
| Parcel Number | 072097025 | Improvements Assessment | $83,170 CAD |
| Land Assessment | $19,657 CAD | Total Assessment | $102,827 CAD |
PROPERTY TAXES
Parcel Number
072097025
Land Assessment
$19,657 CAD
Improvements Assessment
$83,170 CAD
Total Assessment
$102,827 CAD
ZONING
| Zoning Code | I-1/I-2 |
| I-1/I-2 |
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2701 W California Ave
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