601-621 W Grand Ave | Chickasha, OK 73018
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601-621 W Grand Ave
Chickasha, OK 73018
Grandview Shopping Center · Retail Property For Sale
Investment Highlights
- High Traffic
- Rent Rate Growth value Add
- Central business District
Executive Summary
98% occupied Community Retail Center. Well located on W Grand Ave. in Chickasha OK. Close to Hwy 81 corridor and University. Long-term Tenants. Excellent mix of National, regional, and local tenants. New development behind the property adds more commercial opportunity—6.3 acres with 2 additional out pads and food truck hookup. Long-term $1.5m loan @ 5% could possibly be assumed by qualified Buyer.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
19,641 SF
Building Class
B
Year Built
1983
Price
$5,332,987 CAD
Price Per SF
$272 CAD
Cap Rate
6.55%
NOI
$349,180 CAD
Percent Leased
87%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
6.24 AC
Zoning
C5
Parking
500 Spaces (25.46 Spaces per 1,000 SF Leased)
Frontage
266 ft on Grand Ave
Amenities
- Freeway Visibility
- Signalized Intersection
- Kiosk/Cart Space
- Monument Signage
PROPERTY TAXES
| Parcel Number | C290-00-001-001-0-001-00 | Improvements Assessment | $101,630 CAD |
| Land Assessment | $17,937 CAD | Total Assessment | $119,567 CAD |
PROPERTY TAXES
Parcel Number
C290-00-001-001-0-001-00
Land Assessment
$17,937 CAD
Improvements Assessment
$101,630 CAD
Total Assessment
$119,567 CAD
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