Triple Net Investment Property | 4107 N Council Rd
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Triple Net Investment Property 4107 N Council Rd
23,271 SF 100% Leased Office Building Bethany, OK 73008 $3,995,000 ($172/SF) 8.36% Cap Rate
Investment Highlights
- New Construction
- Ample Parking
- Well-balanced tenant mix
- Triple Net Leases
- 8 Free Standing Buildings
Executive Summary
Marketing Description
Discover a standout investment with Bethany Business Park, a premier multi-tenant office property newly completed in 2023. This exceptional office park is now available for acquisition, offering a unique blend of modern design, high occupancy, and attractive financial metrics. This property is ideal for the investor looking for a multi-tenant office park.
Investment Highlights
Why Invest? This office park represents a rare opportunity to acquire a high-quality, low-risk asset with new construction, robust occupancy, and NNN leases. The combination of minimal landlord responsibilities and strong financial performance makes it a standout investment.
Seize this exceptional opportunity and elevate your portfolio with a premier asset poised to deliver outstanding returns. Contact us today to make this premier property yours!
1. Modern New Construction: Completed just last year, Bethany Business Park features functional floor plans with the latest infrastructure, ensuring minimal maintenance and maximum tenant appeal.
2. High Occupancy & Immediate Income: 100% space already leased, this property promises robust and immediate rental income. All leases are triple net (NNN), meaning tenants cover operational costs, offering a hassle-free investment experience.
3. Prime Location & Ample Parking: Located on a 2.22-acre lot, this office park comprises 8 free-standing buildings, providing generous parking and exceptional visibility. This strategic location ensures easy access and high convenience for tenants and their clients.
4. Flexible & Functional Space: The property spans 23,273 square feet, with units ranging from 1,201 to 4,452 square feet. This variety of spaces caters to a wide range of professional office needs.
5. Attractive Financial Metrics: Priced at $3,995,000, this investment offers a compelling cap rate of 8.36% and a net operating income (NOI) of $333,946. With a competitive price per square foot of $171.67, Bethany Business Park stands out in today’s market.
Discover a standout investment with Bethany Business Park, a premier multi-tenant office property newly completed in 2023. This exceptional office park is now available for acquisition, offering a unique blend of modern design, high occupancy, and attractive financial metrics. This property is ideal for the investor looking for a multi-tenant office park.
Investment Highlights
Why Invest? This office park represents a rare opportunity to acquire a high-quality, low-risk asset with new construction, robust occupancy, and NNN leases. The combination of minimal landlord responsibilities and strong financial performance makes it a standout investment.
Seize this exceptional opportunity and elevate your portfolio with a premier asset poised to deliver outstanding returns. Contact us today to make this premier property yours!
1. Modern New Construction: Completed just last year, Bethany Business Park features functional floor plans with the latest infrastructure, ensuring minimal maintenance and maximum tenant appeal.
2. High Occupancy & Immediate Income: 100% space already leased, this property promises robust and immediate rental income. All leases are triple net (NNN), meaning tenants cover operational costs, offering a hassle-free investment experience.
3. Prime Location & Ample Parking: Located on a 2.22-acre lot, this office park comprises 8 free-standing buildings, providing generous parking and exceptional visibility. This strategic location ensures easy access and high convenience for tenants and their clients.
4. Flexible & Functional Space: The property spans 23,273 square feet, with units ranging from 1,201 to 4,452 square feet. This variety of spaces caters to a wide range of professional office needs.
5. Attractive Financial Metrics: Priced at $3,995,000, this investment offers a compelling cap rate of 8.36% and a net operating income (NOI) of $333,946. With a competitive price per square foot of $171.67, Bethany Business Park stands out in today’s market.
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
23,271 SF
Building Class
A
Year Built
2023
Price
$3,995,000
Price Per SF
$172
Cap Rate
8.36%
NOI
$333,946
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
23,271 SF
Building FAR
0.26
Land Acres
2.03 AC
Zoning
Office
Parking
80 Spaces (3.44 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Property Manager on Site
- Central Heating
- Natural Light
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 173795500 | Improvements Assessment | $0 |
| Land Assessment | $29,246 | Total Assessment | $29,246 |
PROPERTY TAXES
Parcel Number
173795500
Land Assessment
$29,246
Improvements Assessment
$0
Total Assessment
$29,246
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BANTA Property Group
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Triple Net Investment Property | 4107 N Council Rd
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