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400 N Macarthur Blvd

20,000 SF Industrial Building Oklahoma City, OK 73127 $2,175,000 ($109/SF)

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Executive Summary

Great location with high traffic (18,572 Traffic Volume 2022) and 321' of frontage on MacArthur Blvd. 4 Buildings Totaling 20,000 SF on 4.27 Acres. (10) 18’ Overhead Doors. 1950 Amps 480 Volt 3 Phase Service. Wash Bay. Graveled Yard. 10,000 SF Office on 2 Levels. Auto Showroom is approximately 4000 sqft. and building has 5 overhead doors, The other building on the property is approximately 3000 sqft and has 2 overhead doors. 18’ Clear Ceiling Height. Current income from tenants- $3500 a month from Soccer Academy (occupying approximately 3000 sqft) on a month to month but they would like to sign a long term lease and stay. Owner is willing to vacate the property or stay and lease back for his businesses depending on what works best for new owner. Current owners businesses leases as follows; Asphalt Co. $2500 a month (occupying approximately about half an acre), Mechanic $2500 a month (approximately 1000 sqft), Wrecker Co $2500 a month (approximately 1 acre of the yard), Auto Dealership $5000 a a month for a total of $12,500 a month lease back if New Owner would like them to stay. Lease back of $12,500 + the Soccer Lease of $3500 is a total of $16,000 a month lease income. Tenants would like to stay and sign long term leases or could purchase property and have all tenants move out.

Property Facts

Price	$2,175,000	No. Stories	1
Price Per SF	$109	Year Built	1967
Sale Type	Investment or Owner User	Tenancy	Single
Property Type	Industrial	Parking Ratio	1.34/1,000 SF
Property Subtype	Warehouse	Clear Ceiling Height	18’
Building Class	C	No. Drive In / Grade-Level Doors	10
Lot Size	4.27 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area	20,000 SF

Price	$2,175,000
Price Per SF	$109
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse
Building Class	C
Lot Size	4.27 AC
Rentable Building Area	20,000 SF
No. Stories	1
Year Built	1967
Tenancy	Single
Parking Ratio	1.34/1,000 SF
Clear Ceiling Height	18’
No. Drive In / Grade-Level Doors	10
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.