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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.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
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

Bank of America
Rent-A-Center
La Hacienda
Simmons Bank
CTown
La Michoacana Meat Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 091473540
  • 091473545
Land Assessment
$922
Improvements Assessment
$22,725
Total Assessment
$23,647
  • Listing ID: 33297718

  • Date on Market: 9/25/2024

  • Last Updated:

  • Address: 320 SW 25th St, Oklahoma City, OK 73109

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