2 & 12 E California
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2 & 12 E California
2 Retail Properties Offered at $9,350,000 in Oklahoma City, OK
Investment Highlights
- 2.8 Miles from First American's Museum/OKANA
- 0.2 Miles from Chickasaw Bricktown Ballpark
- 0.2 Miles from Paycom Center/OKC Thunder
- 0.5 Miles from new Convention Center and Scissortail Park
Executive Summary
In analyzing the financial aspects of this offering memorandum, it is important to note that the asking price of $9,350,000 (+$205
per square foot) represents a highly favorable opportunity for prospective investors. The current market conditions, coupled with
careful strategic planning, have resulted in a valuation that is significantly below replacement costs. This underscores the potential
for excellent return on investment as it presents a unique chance to acquire a property well below what it would cost to replicate its
prime location, quality, and features if constructed today. By securing this asset at such a competitive rate, investors stand to benefit
from both immediate value appreciation and a highly advantageous pricing position in the market.
per square foot) represents a highly favorable opportunity for prospective investors. The current market conditions, coupled with
careful strategic planning, have resulted in a valuation that is significantly below replacement costs. This underscores the potential
for excellent return on investment as it presents a unique chance to acquire a property well below what it would cost to replicate its
prime location, quality, and features if constructed today. By securing this asset at such a competitive rate, investors stand to benefit
from both immediate value appreciation and a highly advantageous pricing position in the market.
Data Room Click Here to Access
- Offering Memorandum
- Parking and Airspace Rights
Property Facts
Price | $9,350,000 | Number of Properties | 2 |
Price / SF | $205.04 / SF | Individually For Sale | 0 |
Sale Type | Investment or Owner User | Total Building Size | 45,600 SF |
Status | Active | Total Land Area | 0.50 AC |
Price | $9,350,000 |
Price / SF | $205.04 / SF |
Sale Type | Investment or Owner User |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 45,600 SF |
Total Land Area | 0.50 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
12 E California Ave, Oklahoma City, OK 73104 | Retail | 21,000 SF | 1929 | - |
2 E California Ave, Oklahoma City, OK 73104 | Retail | 24,600 SF | 1909 | - |
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2 & 12 E California
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