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This Industrial Property is no longer advertised on LoopNet.com.

322 E Thomas Ave
Stillwater, OK 74075

Industrial Property For Sale

Investment Highlights

  • Currently Leased under a NNN Lease offering 17% Cap Rate
  • Large lay-dow / storage yard area
  • 11 Parking spaces - concrete and marked
  • Fully insulated, clear span warehouse
  • Convenient Industrial Park location
  • Office space and mezzanine storage

PROPERTY FACTS

Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Service
  • FlexLight Distribution
Building Class C
Lot Size 1.11 AC
Rentable Building Area 5,040 SF
No. Stories 1
Year Built 2009
Tenancy Single
Parking Ratio 2.18/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 2

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

About 322 E Thomas Ave , Stillwater, OK 74075

Check out this 3D Walk-through Tour.... https://my.matterport.com/show/?m=ckLF43bSyHW This well located metal building consists of 5,040 SF and close to an acre of lay-down yard. The fully insulated warehouse space is clear-span with 16' center height (12' at the sidewalls). The warehouse is heated by 4 infrared gas heaters. Cross 14' x 14' OHDs allow for true drive-through / capabilities. The office space is approx. 400 SF and there is 250 SF of mezzanine storage above the office. The property is currently leased under a NNN Lease at $5,000 per month through Oct 2021, providing for a 17% Cap Rate!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
600023551
Land Assessment
$8,507
Improvements Assessment
$0
Total Assessment
$8,507

zoning

Zoning Code Urban Commercial
Urban Commercial
  • Listing ID: 18964585

  • Date on Market: 3/24/2020

  • Last Updated:

  • Address: 322 E Thomas Ave, Stillwater, OK 74075

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