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2320-2340 S Air Depot Blvd

10,139 SF 100% Leased Retail Building Oklahoma City, OK 73110 $2,550,000 ($252/SF) 6.63% Cap Rate

Investment Highlights

  • Fully leased with large parking lot
  • Close proximity to Tinker Air Force Base
  • Stacked rent roll
  • Double sided pylon signage

Executive Summary

100% occupied strip center located near Tinker Air Force Base. Tenants include The Catch | Wedge Restaurant, Tropical Smoothie and State Beauty Supply.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $169,000 $16.73

Financial Summary (Actual - 2023)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $169,000
Annual Per SF $16.73

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,139 SF
Building Class
C
Year Built/Renovated
1951/2018
Price
$2,550,000
Price Per SF
$252
Cap Rate
6.63%
NOI
$169,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.94 AC
Zoning
C-3
Parking
63 Spaces (6.21 Spaces per 1,000 SF Leased)
Frontage
225 FT on Air Depot Blvd

Amenities

  • Pylon Sign
  • Signage

Nearby Major Retailers

Chili's Grill & Bar
Santa Fe Cattle Co
Navy Federal Credit Union
McAlister's Deli
Rent-A-Center
Taco Bueno Restaurants
Chase
Mazzio's
IHOP
Billy Sims BBQ

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
150504800
Land Assessment
$5,281
Improvements Assessment
$103,363
Total Assessment
$108,644
  • Listing ID: 33882431

  • Date on Market: 11/15/2024

  • Last Updated:

  • Address: 2320-2340 S Air Depot Blvd, Oklahoma City, OK 73110

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