Listed by Marcus & Millichap - Oklahoma City
$8,852,372
LEADING PIPE SUPPLIER | INDUSTRIAL FACILITY | ABSOLUTE NET
Details
APN 660029924
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 97,204
Units 1
Cap Rate 6.75%
NOI $597,535
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 04/03/2034
Remaining Term 7.8
Rent Bumps Yes
Class A
Year Built 1986
Stories 1
Acreage 11.000
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Industrial | 6.75% CAP | 97,204 SqFt
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:
https://themansourgroup.com/properties/310632/mattsco-supply-company
Investment highlights
- Absolute Net Lease feat. 2.25% Annual Rental Increases throughout the Initial Term & Option. Long-Term Single-Tenant Industrial Facility. Utilized as a Warehouse, Manufacturing & Distribution Center.
- Positioned Along Area’s Traffic and Industrial Corridor: Features Easy Access and Excellent Visibility - Immediate Access to/from US-412/Interstate 44 (73k+ VPD).
- Mattsco Supply Company is a Consistent Leader in the Supply of Industrial, Commercial, and Oilfield Pipe, Valves, Fittings and Flanges with Nearly 50 Years in the Business.
- Strategically Positioned near Major Highway Corridors, including Direct Access to US-412 and Proximity to I-244 and US-169, enabling Efficient Inbound Freight, Regional Distribution, and Seamless Connectivity Across Tulsa, Oklahoma, and Mid-Continent Logistics Markets.
- Tulsa Offers a Business-Friendly Industrial Environment with Central U.S. Positioning, Excellent Highway and Airport Connectivity, a Skilled Labor Base, and Cost Advantages that Continue to Attract Distribution, Manufacturing, and Logistics Users.
- Situated within Tulsa’s Well-Established Northeast Industrial Corridor - the Property Benefits from Close Proximity to Regional Suppliers, Industrial Services, Transportation Infrastructure, and a Deep Labor Base.
- Minutes from Tulsa International Airport - Air Cargo Facilities Supporting Time-Sensitive Freight, Expedited Distribution, and Regional Logistics Operations Serving Oklahoma and Mid-Continent Markets.
- Well Configured Industrial Asset Historically Utilized for Manufacturing, Machining, Fabrication, and Equipment Intensive Operations, featuring Adaptable Layouts, Clear Spans, and Infrastructure Capable of Supporting Demanding Industrial Workflows. Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Listing Contacts
Listed by Marcus & Millichap - Oklahoma City
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$597,535.00
$49,794.58/mo
Valuation Metrics
0
DSCR
6.75%
Cap Rate
6.75%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Name
License
Is there information that looks off?
