1485 Alameda St | Norman, OK 73071
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1485 Alameda St
Norman, OK 73071
Retail Property For Sale
Investment Highlights
- NOI $79,410.00
- 5-Year NNN Lease in place with Chaos Factor
- CAP Rate 7.75%
Executive Summary
Explore a remarkable investment opportunity with this newly renovated retail property located at 1485 Alameda St. With a 5-year NNN lease in place with strong area tenant Chaos Factory, this opportunity boasts high visibility and accessibility on Alameda. Annual rent increases and a 7.75% CAP.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,941 SF
Building Class
B
Year Built
2003
Price
$992,625
Price Per SF
$125
Cap Rate
7.75%
NOI
$76,928
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.60 AC
Zoning
C
Parking
40 Spaces (5.04 Spaces per 1,000 SF Leased)
Frontage
91 FT on Alameda St
Amenities
- Pylon Sign
PROPERTY TAXES
| Parcel Number | R0175486 | Improvements Assessment | $53,252 |
| Land Assessment | $27,664 | Total Assessment | $80,916 |
PROPERTY TAXES
Parcel Number
R0175486
Land Assessment
$27,664
Improvements Assessment
$53,252
Total Assessment
$80,916
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