Yukon Angle - Multi-Use Commercial Center | 1010 Garth Brooks Blvd
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Yukon Angle - Multi-Use Commercial Center 1010 Garth Brooks Blvd
44,023 SF Retail Building Yukon, OK 73099 $5,750,000 ($131/SF) 7.80% Cap Rate
Investment Highlights
- 7.8% cap rate based on 100% retail space occupancy & office space proforma of 75% occupancy
- Office space has excellent potential for corporate office or executive suite/business center use
- Asset offers both immediate returns & long-term potential in the fastest growing segment of OKC
- 2nd & 3rd fl office space only requires tenant finish for future tenants
- Located in a strategic position on the NW corner of Garth Brooks Blvd. & W. Vandament Ave.
Executive Summary
7.8% cap rate based on 100% retail space occupancy and office space proforma of 75% occupancy. Asset offers both immediate returns and long-term potential in the fastest growing segment of Oklahoma City.
Yukon Angle is a 3-story multi-use commercial center (retail, office and flex space) consisting of 44,023 square feet (MOL) of lease space on 4.15 acres (MOL).
This vibrant project is located in a strategic position on the NW corner of Garth Brooks Blvd. & W. Vandament Ave. in Yukon, OK with easy access to I-40. Vandament has been connected to the new Frisco Rd./I-40 intersection.
The 1st floor retail space and flex building are fully leased. The office space on the 2nd and 3rd floor (7,470 sf per floor, total of 14,940 sf) only requires tenant finish for future tenants. Excellent potential for corporate office or executive suite/business center use.
Dutch Bros and HTeaO are co-located as outparcels on the site. Urgent care facility coming soon on a third outparcel.
Walmart Supercenter, Sprouts, Walgreens, Bank of Oklahoma and numerous other retailers and restaurants are located adjacent to this intersection.
Yukon and west Oklahoma City are the fastest growing segments of the metro area, per the Greater Oklahoma City Chamber of Commerce.
Yukon Angle is a 3-story multi-use commercial center (retail, office and flex space) consisting of 44,023 square feet (MOL) of lease space on 4.15 acres (MOL).
This vibrant project is located in a strategic position on the NW corner of Garth Brooks Blvd. & W. Vandament Ave. in Yukon, OK with easy access to I-40. Vandament has been connected to the new Frisco Rd./I-40 intersection.
The 1st floor retail space and flex building are fully leased. The office space on the 2nd and 3rd floor (7,470 sf per floor, total of 14,940 sf) only requires tenant finish for future tenants. Excellent potential for corporate office or executive suite/business center use.
Dutch Bros and HTeaO are co-located as outparcels on the site. Urgent care facility coming soon on a third outparcel.
Walmart Supercenter, Sprouts, Walgreens, Bank of Oklahoma and numerous other retailers and restaurants are located adjacent to this intersection.
Yukon and west Oklahoma City are the fastest growing segments of the metro area, per the Greater Oklahoma City Chamber of Commerce.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
44,023 SF
Building Class
B
Year Built/Renovated
1977/2018
Price
$5,750,000
Price Per SF
$131
Cap Rate
7.80%
NOI
$448,500
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.24
Lot Size
4.15 AC
Zoning
C-3
Frontage
734 FT on Garth Brooks Boulevard
Amenities
- Corner Lot
- Signage
- Signalized Intersection
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 090144566 | Improvements Assessment | $313,870 |
| Land Assessment | $99,022 | Total Assessment | $412,892 |
PROPERTY TAXES
Parcel Number
090144566
Land Assessment
$99,022
Improvements Assessment
$313,870
Total Assessment
$412,892
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Yukon Angle - Multi-Use Commercial Center | 1010 Garth Brooks Blvd
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