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1219-1221 N Classen Blvd

10,000 SF 100% Leased Retail Building Oklahoma City, OK 73106 $1,600,000 ($160/SF) 7.12% Cap Rate

Executive Summary

Located in the heart of Oklahoma City's vibrant Plaza and Midtown district. This modern one-of-a-kind office is sophisticated and unmatched. In the most exciting corridor in OKC, connecting directly to the Oklahoma Boulevard. 75% of the building was remodeled with new floors, plumbing, electric, HVAC, and the roof was replaced in 2018. Has rare, 23 space surface parking lot, repaved 2021. Located near St. Anthony's Hospital and a variety of popular restaurants, including Waffle Champion, Hall's Pizza Kitchen, Packard's, and more. Minutes away from the Plaza District, the Asian District, Paseo, Heritage Hills, Automobile Alley, and Highway I-235. An important arterial corridor through Northwest Oklahoma City, Classen Boulevard provides ease of access and exposure across most of the main districts and neighborhoods in the city.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,000 SF
Building Class
C
Year Built
1957
Price
$1,600,000
Price Per SF
$160
Cap Rate
7.12%
NOI
$114,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.47
Lot Size
0.49 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
23 Spaces (2.3 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Scooter's Coffeehouse
Farmers Bank
Homeland
Starbucks
Chase Bank
Pho Hoa
Rent-A-Center
Anytime Fitness
Cross Fit
Mo’Bettahs

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 045805700
  • 046282510
  • 046282500
  • 045803155
Land Assessment
$66,278
Improvements Assessment
$165,499
Total Assessment
$231,777
  • Listing ID: 32377664

  • Date on Market: 7/8/2024

  • Last Updated:

  • Address: 1219-1221 N Classen Blvd, Oklahoma City, OK 73106

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