3020 NW 16th St
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3020 NW 16th St
34,929 SF 100% Leased Retail Building Oklahoma City, OK 73107 $2,796,436 CAD ($80 CAD/SF) 8.31% Cap Rate
Executive Summary
FOR SALE: Prime Commercial Building at 3020 NW 16th, Oklahoma City Listed at $1,950,000, below the recent appraisal value of $2.3M—an unbeatable deal for savvy investors!
Key Features:
Strong Tenant: Long-term lease with Black Friday Deals OK Inc. generating stable income through 2028, with built-in annual rent escalations.
Attractive CAP Rate: Up to 8.31%, outperforming many comparable properties.
Turnkey Investment: Tenant handles utilities and interior maintenance, while landlord oversees major structural elements.
Strategic Location: High-traffic area in Oklahoma City, ideal for retail and customer engagement.
Upside Potential: Below-market list price and tenant renewal options ensure long-term value.
Don’t miss this opportunity to secure a high-yield investment in a thriving commercial district! Contact us today to schedule a tour or for additional financials.
Key Features:
Strong Tenant: Long-term lease with Black Friday Deals OK Inc. generating stable income through 2028, with built-in annual rent escalations.
Attractive CAP Rate: Up to 8.31%, outperforming many comparable properties.
Turnkey Investment: Tenant handles utilities and interior maintenance, while landlord oversees major structural elements.
Strategic Location: High-traffic area in Oklahoma City, ideal for retail and customer engagement.
Upside Potential: Below-market list price and tenant renewal options ensure long-term value.
Don’t miss this opportunity to secure a high-yield investment in a thriving commercial district! Contact us today to schedule a tour or for additional financials.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
34,929 SF
Building Class
C
Year Built
1968
Price
$2,796,436 CAD
Price Per SF
$80 CAD
Cap Rate
8.31%
NOI
$232,384 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.34
Lot Size
2.34 AC
Zoning
C-3 - Commercial
Parking
117 Spaces (3.35 Spaces per 1,000 SF Leased)
Frontage
264 ft on 16th St
Amenities
- Air Conditioning
Bike Score ®
Very Bikeable (70)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 064540240 | Improvements Assessment | $224,030 CAD |
| Land Assessment | $64,743 CAD | Total Assessment | $288,773 CAD |
PROPERTY TAXES
Parcel Number
064540240
Land Assessment
$64,743 CAD
Improvements Assessment
$224,030 CAD
Total Assessment
$288,773 CAD
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3020 NW 16th St
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