320 SW 25th St
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320 SW 25th St
3,474 SF Retail Building Oklahoma City, OK 73109 $515,000 ($148/SF) 8.15% Cap Rate
Investment Highlights
- NNN tenant
- New 5 year lease
- Recently renovated
Executive Summary
This recently renovated property is located in the historic and up-and-coming Capitol Hill District. Capitol Hill is home to one of OKC's newest state-of-the-art venues, The Yale, and the iconic Grill On The Hill. The property is just a few doors down from that restaurant with frontage along SW 25th Street. Beyond cosmetic updates throughout, major updates include a new A/C, new bathrooms, new plumbing, and a new electric panel. As of 6/1/24, this property is occupied by an NNN tenant who signed a 5-year lease with rental bumps each year.
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,474 SF
Building Class
B
Year Built/Renovated
1948/2019
Price
$515,000
Price Per SF
$148
Cap Rate
8.15%
NOI
$41,973
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.08 AC
Zoning
C-CBD - Central Business District (C-CBD) focuses on high-density commercial use and urban development.
Frontage
48 FT on 25th St
Amenities
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $22,725 | |
Land Assessment | $922 | Total Assessment | $23,647 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$922
Improvements Assessment
$22,725
Total Assessment
$23,647
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320 SW 25th St
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