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Danforth Square 730-828 W Danforth Rd

78,936 SF 98% Leased Retail Building Edmond, OK 73003 $7,864,034 ($100/SF) 5.95% Cap Rate

Storefront Properties Oklahoma Edmond 730-828 W Danforth Rd, Edmond, OK 73003

Investment Highlights

  • All brick construction. Roof under warranty.

Executive Summary

• All Nine Tenants are on Triple-Net Leases
• Hobby Lobby Executed Recent 7 Year Renewal
• Consistent Growth in Local Population & Income
• Excellent Owner/Manager Maintenance Program
• 100% Occupancy as of December/2022
• Local Dynamics from Parks, Schools & Retailers
• Potential Under Market Rent Opportunity

Attachments

Bulk Mailer 4 Page

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
78,936 SF
Building Class
C
Year Built
1999
Price
$7,864,034
Price Per SF
$100
Cap Rate
5.95%
NOI
$467,827
Percent Leased
98%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.20
Lot Size
9.12 AC
Parking
456 Spaces (7.23 Spaces per 1,000 SF Leased)
Frontage
397 FT on Danforth Rd

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,200 SF
  • Retail
  • In-Line
  • Now

Salon space and office space available.

Space Size Space Use Position Available
1st Floor 1,200 SF Retail In-Line Now

1st Floor

Size
1,200 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size 1,200 SF
Space Use Retail
Position In-Line
Available Now

Salon space and office space available.

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Nearby Major Retailers

MidFirst Bank
Jazzercise
Starbucks
Bank Of Oklahoma
Rent-A-Center
Billy Sims BBQ
ALDI
Lion's Choice
Sprouts Farmers Market
Citizens Bank

PROPERTY TAXES

Parcel Number 182412030 Improvements Assessment $368,581
Land Assessment $172,329 Total Assessment $540,910

PROPERTY TAXES

Parcel Number
182412030
Land Assessment
$172,329
Improvements Assessment
$368,581
Total Assessment
$540,910
(405) 848-8099

Contact

  • Listing ID: 26329494

  • Date on Market: 8/5/2022

  • Last Updated:

  • Address: 730-828 W Danforth Rd, Edmond, OK 73003

More public record information on 730-828 W Danforth Rd, Edmond, OK 73003

The Retail Property at 730-828 W Danforth Rd, Edmond, OK 73003 is currently available for sale. Contact Herndon & Kelley Commercial Real Estate for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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Danforth Square | 730-828 W Danforth Rd
(405) 848-8099 x

Danforth Square | 730-828 W Danforth Rd

Todd Herndon

(405) 848-8099

(405) 848-8099

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