1010 Garth Brooks Blvd - Storefront Retail/Office FOR SALE


Yukon, OK 73099
$4,950,000 USD
405-816-5456
1010 Garth Brooks Blvd, Yukon, OK for Sale
$4,950,000 USD
Storefront Retail/Office - FOR SALE
1/12
null | Request Cap Rate

1010 Garth Brooks Blvd
Yukon, OK 73099


HIGHLIGHTS

  • 8% cap rate based on 90% retail space occupancy & flex space 100% occupancy
  • 1st fl Retail 17,533 sf: 90% occupied; 2nd & 3rd fl Office 14,940 sf: vacant (shell condition); Flex building 11,550 sf: 100% occupied
  • Asset offers both immediate returns & long-term potential in the fastest growing segment of OKC
  • 2nd & 3rd flr office space only requires tenant finish for future tenants
  • Office space has excellent potential for corporate office or executive suite/business center use
  • Located in a strategic position on the NW corner of Garth Brooks Blvd. & W. Vandament Ave.

OVERVIEW

Yukon Angle is a 3-story multi-use commercial center (retail, office and flex space) consisting of 44,023 square feet (MOL) of lease space on 4.15 acres (MOL). 1st fl Retail 17,533 sf: 90% occupied; 2nd & 3rd fl Office 14,940 sf: vacant shell; Flex building 11,550 sf: 100% occupied. 8% cap rate based on 90% retail space occupancy & flex space 100% occupancy. Asset offers both immediate returns and long-term potential in the fastest growing segment of Oklahoma City. 2nd and 3rd floor office space (7,470 sf per floor, total of 14,940 sf) only requires tenant finish for future tenants. Excellent potential for corporate office or executive suite/business center use. Dutch Bros and HTeaO are co-located as outparcels on the site. This vibrant project is located in a strategic position on the NW corner of Garth Brooks Blvd. & W. Vandament Ave. in Yukon, OK with easy access to I-40. Vandament has been connected to the new Frisco Rd./I-40 intersection. Walmart Supercenter, Sprouts, Walgreens, Bank of Oklahoma and numerous other retailers and restaurants are located adjacent to this intersection. Yukon and west Oklahoma City are the fastest growing segments of the metro area, per the Greater Oklahoma City Chamber of Commerce.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Yukon Angle - Multi-Use Commercial Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

undefined, Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.15 AC

LAND SF

180,774 SF

ZONING

C-3

APN/PARCEL ID

090144566

ASK ABOUT THIS PROPERTY

Bill ReidBaker First Commercial Real Estate ServicesMore Info
405-816-5456

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Bill ReidBaker First Commercial Real Estate ServicesMore Info
405-816-5456

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.