Listed by Creek Commercial Realty
$850,000
7624 Broadway Extension
Details
Property Type Office, Industrial
Sub Type Warehouse
Square Footage 3,920
Units 2
Cap Rate 7.06%
NOI $60,000
Tenancy Single
Lease Type NNN
Lease Expiration 10/30/2028
Price per SqFt $217
Class A
Year Built 1985
Buildings 2
Lot Size (SqFt) 20,876
Zoning I-2
Investment Type Net Lease
7624 Broadway Ext, Oklahoma City, OK 73116
Marketing description
7624 Broadway Ext is a mixed-use warehouse and office property offering 3,920 SF of versatile space across 2 conjoined buildings. Built in 1963 and 1985, this well-maintained building is zoned I-2 for a wide range of industrial and commercial uses. Located in a rapidly growing area of Oklahoma City, this property presents an excellent investment opportunity for those seeking an office or office warehouse space.
East side of broadway extension
Investment highlights
- Investment Sale with Lease Term through October 2028
- No Renewal Options for Tenant
- NNN Lease with Below Market Rental Rate
- $60,000.00 NOI
- 7% Cap Rate
Listing Contacts
Listed by Creek Commercial Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$60,000.00
$5,000.00/mo
Valuation Metrics
0
DSCR
7.06%
Cap Rate
7.06%
ROI
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