320-334 12th Ave SE (Crimson Creek)
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320-334 12th Ave SE (Crimson Creek)
2 Properties Offered at $4,500,000 in Norman, OK
Investment Highlights
- Property cannot be split
Executive Summary
13,833 Sq. Ft. between fully leased office building & fully leased retail strip center. Purchase Price = $4,500,000 includes the
excess land. 7.5% Cap Rate on current income (Shopping Center + (Shopping Center + Office)Office) $375,000 for land for future development, approximately $3.57/ft. Property cannot be split.
excess land. 7.5% Cap Rate on current income (Shopping Center + (Shopping Center + Office)Office) $375,000 for land for future development, approximately $3.57/ft. Property cannot be split.
Property Facts
| Price | $4,500,000 | Number of Properties | 2 |
| Price / SF | $325.31 / SF | Individually For Sale | 0 |
| Cap Rate | 7.50% | Total Building Size | 13,833 SF |
| Sale Type | Investment | Total Land Area | 8.92 AC |
| Status | Active |
| Price | $4,500,000 |
| Price / SF | $325.31 / SF |
| Cap Rate | 7.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 13,833 SF |
| Total Land Area | 8.92 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 334 SE 12th Ave, Norman, OK 73071 | Office | 6,400 SF | 2005 | - |
| 320 12th Ave SE, Norman, OK 73071 | Retail | 7,433 SF | 2005 | - |
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Paul Stuke -
Ryan Storer -
Plains Commercial Real Estate
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320-334 12th Ave SE (Crimson Creek)
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