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29672118
29672127

1103 E Choctaw Ave, Chickasha, OK 73018

WM
OK 210576
Keller Williams Realty Ardmore
Listed by Keller Williams Realty Ardmore
$1,450,000
113 days on market
Updated 30 days ago
Opportunity zone

1103 E CHOCTAW

Details
APN 0000-27-07N-07W-1-008-00
Property Type Industrial
Sub Type Distribution
Square Footage 11,000
Net Rentable (SqFt) 11,000
Cap Rate 8.28%
NOI $120,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 10/14/2029
Remaining Term 3.4
Price per SqFt $132
Broker Co-Op Yes
Class B
Year Built 1970
Year Renovated 2023
Buildings 2
Stories 1
Acreage 4.250
Zoning Commercial-Industrial
Investment Type Stabilized
Lease Commencement 10/14/2024
Occupancy Date 10/14/2024
Ceiling Height 12' IN THE STORE AND 20' IN THE DC
Ownership N/A
Sale Condition For sale by owner

Stabilized 4.25-acre industrial asset featuring an 11,000 SF facility with direct frontage on E. Cho

Marketing description


This 11,000 SF industrial facility offers a rare combination of high-visibility retail frontage and heavy-duty distribution capacity. Situated on 4.25 prime acres with direct access to E. Choctaw Ave and I-44, the property is engineered for modern logistics. The building features 5,000 SF of professional office/storefront space with six private offices, connected to a 6,000 SF clear-span warehouse. With 20-foot clear heights, multiple oversized overhead doors (up to 16x20), and a fully secured, gated yard with updated fencing, this asset is built to accommodate the most demanding operational requirements. This is a turn-key facility that serves as a mission-critical hub for energy sector operations.

Investment highlights

Stabilized NNN Opportunity

  • Passive Income Stream: 100% occupied by a specialized energy sector tenant under a Triple Net (NNN) lease structure, providing a truly hands-off investment with no landlord maintenance responsibilities.

  • Long-Term Stability: Lease is secured through October 14, 2029, offering years of guaranteed cash flow from a high-credit-profile tenant in a booming sector.

  • Logistical Advantage: Strategic location with direct frontage on a major commercial thoroughfare and immediate access to the I-44 corridor, ensuring long-term residual land value and high tenant demand.

  • Growth & Versatility: The 4.25-acre site offers significant "Industrial Outdoor Storage" (IOS) capacity, a highly sought-after sub-sector in the current industrial market.

  • Favorable Zoning: C-2 (General Commercial) zoning provides an incredibly broad range of future uses, from retail and office to light manufacturing, protecting the investor against industry-specific downturns.

Listing Contacts

WM
OK 210576
Keller Williams Realty Ardmore
Listed by Keller Williams Realty Ardmore

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$120,000.00
$10,000.00/mo

Valuation Metrics

0
DSCR
8.28%
Cap Rate
8.28%
ROI

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Additional Information

Name
Wesley Miller
License
210576
Brokerage
KELLER WILLIAMS ARDMORE
Brokerage Phone
580-319-7425
Title
REALTOR
Brokerage Address
1521 North Rockford Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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