View
2
Download
0
Category
Preview:
Citation preview
InterWest Realty is a registered trade name of InterWest Properties, Inc.Disclaimer: The above information is from reliable sources, but not guaranteed and is being offered subject to errors, omissions, previous sale, change in price and withdrawal without notice. 1
GEORGE W HUFFMANC: 405.409.4400O: 405.752.2525ghuffman@iwrealty.com
INTERWEST REALTY7101 N Robinson Ave
Oklahoma City, OK 73116
OFFERING SUMMARY
Sale Price: $1,075,000
Cap Rate: 7.91%
NOI: $85,020
Lot Size: 1.0 Acres
Year Built: 1976
Building Size: 13,080 SF
Renovated: 2008
Zoning: I-2
Price / SF: $82.19
Enjoy the ease of ownership with this Single Tenant NNN office/warehouse/yard Property that you as owner/investor can manage with little or no timeinvolvement. The current tenant has made substantial investment in upgradingand customizing the Property for their use and appears to be long termwhereby they renewed their initial 3-year lease for 5 additional years runningthrough November 30, 2022.
The building contains 13,080 SF (approx. 3,760 SF office and 9,320 SFwarehouse) with 13 updated offices, conference room, two bathrooms, kitchen,in floor hydraulic lift to accommodate semi unloading, skylights, large fenced inyard, ample electrical, new insulated roof within the past five years. While thisProperty is ideal for the current tenant and it is believed that they will extendbeyond the five year lease extension, it could easily be converted for manyother tenants as is or as retail showroom/distribution due to its PortlandFrontage and close by proximity to Mathis Brothers, Bob Mills, Factory DirectFurniture, Suburban and Dane Design -- to mention a few.
Other amenities include a lighted exterior site sign on Portland, generousparking both front and back of structure. Complete renovation and update in asnew condition in 2008 with upgraded bathrooms, kitchen, new carpet & tile,accent wall colors, new ceiling tiles, etc; as shown on attached photos.
Directions are easy fronting on Portland north of Reno with 5 minute access toI-40 & I-44 and only 4.5 miles from Will Rogers World Airport.
PROPERTY OVERVIEW
PROPERTY HIGHLIGHTS
•
FOR SALE333 N Portland
Oklahoma City, OK 73107
InterWest Realty is a registered trade name of InterWest Properties, Inc.Disclaimer: The above information is from reliable sources, but not guaranteed and is being offered subject to errors, omissions, previous sale, change in price and withdrawal without notice. 2
GEORGE W HUFFMANC: 405.409.4400O: 405.752.2525ghuffman@iwrealty.com
INTERWEST REALTY7101 N Robinson Ave
Oklahoma City, OK 73116
FOR SALE333 N Portland
Oklahoma City, OK 73107
InterWest Realty is a registered trade name of InterWest Properties, Inc.Disclaimer: The above information is from reliable sources, but not guaranteed and is being offered subject to errors, omissions, previous sale, change in price and withdrawal without notice. 3
GEORGE W HUFFMANC: 405.409.4400O: 405.752.2525ghuffman@iwrealty.com
INTERWEST REALTY7101 N Robinson Ave
Oklahoma City, OK 73116
FOR SALE333 N Portland
Oklahoma City, OK 73107
InterWest Realty is a registered trade name of InterWest Properties, Inc.Disclaimer: The above information is from reliable sources, but not guaranteed and is being offered subject to errors, omissions, previous sale, change in price and withdrawal without notice. 4
GEORGE W HUFFMANC: 405.409.4400O: 405.752.2525ghuffman@iwrealty.com
INTERWEST REALTY7101 N Robinson Ave
Oklahoma City, OK 73116
FOR SALE333 N Portland
Oklahoma City, OK 73107
InterWest Realty is a registered trade name of InterWest Properties, Inc.Disclaimer: The above information is from reliable sources, but not guaranteed and is being offered subject to errors, omissions, previous sale, change in price and withdrawal without notice. 5
GEORGE W HUFFMANC: 405.409.4400O: 405.752.2525ghuffman@iwrealty.com
INTERWEST REALTY7101 N Robinson Ave
Oklahoma City, OK 73116
FOR SALE333 N Portland
Oklahoma City, OK 73107
InterWest Realty is a registered trade name of InterWest Properties, Inc.Disclaimer: The above information is from reliable sources, but not guaranteed and is being offered subject to errors, omissions, previous sale, change in price and withdrawal without notice. 6
GEORGE W HUFFMANC: 405.409.4400O: 405.752.2525ghuffman@iwrealty.com
INTERWEST REALTY7101 N Robinson Ave
Oklahoma City, OK 73116
POPULATION 1 MILE 5 MILES 10 MILES
Total population 4,393 232,528 615,340
Median age 33.0 32.9 35.0
Median age (male) 33.3 32.5 33.9
Median age (Female) 31.9 33.7 36.1
HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES
Total households 1,762 91,734 246,934
# of persons per HH 2.5 2.5 2.5
Average HH income $37,438 $45,458 $55,941
Average house value $66,866 $120,949 $147,437
* Demographic data derived from 2010 US Census
FOR SALE333 N Portland
Oklahoma City, OK 73107
Recommended