Listed by Coldwell Banker Commercial Heritage
$650,000
Capshaw Court
Details
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 10,200
Units 6
Cap Rate 7.73%
NOI $50,257
Occupancy 62%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 10.77%
Pro-Forma NOI $70,000
Price per SqFt $64
Broker Co-Op Yes
Class B
Year Built 1976
Buildings 1
Stories 1
Zoning C-1
Investment Type Owner/User
Tenant Credit No Credit Rating
Ownership Corporation
Sale Condition 1031 exchange
Professional Office/Medical space
Marketing description
Office complex with 6 rentable suites. Suite B containing approximately 2650 square and adjacent space Suite A +-1200 square feet is also currently available for lease. Many area business’s include: Hartford Animal Clinic, Tyndall Family Denistry, Caseys Conv. Store, Pretty Paws, Frontier Siding and WIndows, Auto Intintions, The FOX, Hartford Home Appliance formersly Sears, Sonic. Owner is Licensed real estate brokerage in the state of Oklahoma.
Investment highlights
This would be a perfect property for an owner user. Utilize one or both of the vacant spaces and have the other tenants pay the mortgage payments.
Listing Contacts
Listed by Coldwell Banker Commercial Heritage
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$50,257.00
$4,188.08/mo
Valuation Metrics
0
DSCR
7.73%
Cap Rate
7.73%
ROI
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