320 SW 25th St 3,474 SF Retail Building Oklahoma City, OK 73109 $718,590 CAD ($206.85 CAD/SF) 8.15% Cap Rate
INVESTMENT HIGHLIGHTS
- NNN tenant
- New 5 year lease
- Recently renovated
EXECUTIVE SUMMARY
This recently renovated property is located in the historic and up-and-coming Capitol Hill District. Capitol Hill is home to one of OKC's newest state-of-the-art venues, The Yale, and the iconic Grill On The Hill. The property is just a few doors down from that restaurant with frontage along SW 25th Street. Beyond cosmetic updates throughout, major updates include a new A/C, new bathrooms, new plumbing, and a new electric panel. As of 6/1/24, this property is occupied by an NNN tenant who signed a 5-year lease with rental bumps each year.
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PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,474 SF
Building Class
B
Year Built/Renovated
1948/2019
Price
$718,590 CAD
Price Per SF
$206.85 CAD
Cap Rate
8.15%
NOI
$58,565 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.08 AC
Zoning
C-CBD - Central Business District (C-CBD) focuses on high-density commercial use and urban development.
Frontage
48’ on 25th St
AMENITIES
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $59,232 CAD | |
| Land Assessment | $1,929 CAD | Total Assessment | $61,161 CAD |
