3020 NW 16th St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
3020 NW 16th St
34,929 SF 100% Leased Retail Building Oklahoma City, OK 73107 $1,950,000 ($56/SF) 8.31% Cap Rate
Executive Summary
FOR SALE: Prime Commercial Building at 3020 NW 16th, Oklahoma City Listed at $1,950,000, below the recent appraisal value of $2.3M—an unbeatable deal for savvy investors!
Key Features:
Strong Tenant: Long-term lease with Black Friday Deals OK Inc. generating stable income through 2028, with built-in annual rent escalations.
Attractive CAP Rate: Up to 8.31%, outperforming many comparable properties.
Turnkey Investment: Tenant handles utilities and interior maintenance, while landlord oversees major structural elements.
Strategic Location: High-traffic area in Oklahoma City, ideal for retail and customer engagement.
Upside Potential: Below-market list price and tenant renewal options ensure long-term value.
Don’t miss this opportunity to secure a high-yield investment in a thriving commercial district! Contact us today to schedule a tour or for additional financials.
Key Features:
Strong Tenant: Long-term lease with Black Friday Deals OK Inc. generating stable income through 2028, with built-in annual rent escalations.
Attractive CAP Rate: Up to 8.31%, outperforming many comparable properties.
Turnkey Investment: Tenant handles utilities and interior maintenance, while landlord oversees major structural elements.
Strategic Location: High-traffic area in Oklahoma City, ideal for retail and customer engagement.
Upside Potential: Below-market list price and tenant renewal options ensure long-term value.
Don’t miss this opportunity to secure a high-yield investment in a thriving commercial district! Contact us today to schedule a tour or for additional financials.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
34,929 SF
Building Class
C
Year Built
1968
Price
$1,950,000
Price Per SF
$56
Cap Rate
8.31%
NOI
$162,045
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.34
Lot Size
2.34 AC
Zoning
C-3 - Commercial
Parking
117 Spaces (3.35 Spaces per 1,000 SF Leased)
Frontage
264 FT on 16th St
Amenities
- Air Conditioning
Bike Score ®
Very Bikeable (70)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 064540240 | Improvements Assessment | $155,153 |
| Land Assessment | $44,838 | Total Assessment | $199,991 |
PROPERTY TAXES
Parcel Number
064540240
Land Assessment
$44,838
Improvements Assessment
$155,153
Total Assessment
$199,991
1 of 12
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
3020 NW 16th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.