1901-1915 N Moore Ave - Office FOR SALE


Oklahoma City, OK 73160
$3,900,000 USD
405-473-7653
1901-1915 N Moore Ave, Oklahoma City, OK for Sale
$3,900,000 USD
Office - FOR SALE
1/4
null | 7.75% Cap Rate

1901-1915 N Moore Ave
Oklahoma City, OK 73160


HIGHLIGHTS

  • Fronts on I-35 - Excellent Ingress and Egress
  • Large Pylon Sign - Very Visible
  • Very well kept property - Great curb appeal

OVERVIEW

North Moore Plaza is a three (3) building mixed use complex consisting of office and retail use. It fronts on the west side of I-35 service road and is accessible from both the north and south service road traffic. The are a total of 30 units (some combined) featuring a total of 16 individual tenants. The roofs are pitched with asphalt shingles and there are 174 parking spaces with a ratio of 4.8 spaces/1000 sf. The tenant base is stable and established with an excellent mix of office and retailers. There are currently three (3) vacancies totaling 4,788 sf for immediate upside to the NOI. The vacant units are all 2nd gen and will require little to zero build-out. The “going in” CAP rate is an 7.75% based on current NOI. In excellent condition, this is a well priced asset to add to your portfolio. Parking Lot re-surfaced 3 yrs. ago approx.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$294 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

South Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

77

LAND DETAILS

LAND ACRES

4.32 AC

LAND SF

188,179 SF

ZONING

C-3

APN/PARCEL ID

R0149198

ASK ABOUT THIS PROPERTY

Scott Heiple, CCIMHCB Commercial Real Estate Co., LLCMore Info
405-473-7653

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Scott Heiple, CCIMHCB Commercial Real Estate Co., LLCMore Info
405-473-7653

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