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220 N Chisholm Trail Way

16,890 SF 100% Leased Industrial Building Mustang, OK 73064 $2,500,000 ($148/SF)

Investment Highlights

  • Pro-Forma CAP Rate of 8.11%
  • $12.00/SF + NNN's
  • 5 Units available for Immediate Occupancy

Executive Summary

Located just off Highway 152 in the growing community of Mustang, the Chisholm Trail Development offers flex space with excellent visibility and accessibility. The location benefits from a daily traffic count of 17,001 vehicles (2022), making it an attractive opportunity for businesses seeking exposure in this thriving area.
Completed in Q2 2024 with the Certificate of Occupancy issued in Q3 2024, this modern development consists of three (3) buildings thoughtfully designed to accommodate a variety of business needs. A total of 10 suites are available, offering flexible leasing options:
Eight (8) units of 1,750 SF each
Two (2) units of 1,445 SF each
The site is equipped with ample parking, ensuring convenience for both tenants and their clients. With a current occupancy rate of 50%, there are five (5) units available for immediate lease, presenting an excellent opportunity for new businesses to join this vibrant community.
The lease rate is competitively set at $12.00/SF, triple net (NNN), providing cost-effective options for businesses looking to establish or expand their footprint in a high-growth area.
Pro-Forma CAP Rate of 8.11%
RENT ROLL AVAILABLE UPON REQUEST

Property Facts

Price $2,500,000
Price Per SF $148
Sale Type Investment NNN
Property Type Industrial
Building Class A
Lot Size 1.41 AC
Rentable Building Area 16,890 SF
No. Stories 1
Year Built 2024
Clear Ceiling Height 12 FT
No. Drive In / Grade-Level Doors 10

zoning

Zoning Code C-1
C-1
  • Listing ID: 34152944

  • Date on Market: 12/10/2024

  • Last Updated:

  • Address: 220 N Chisholm Trail Way, Mustang, OK 73064

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