200 SE 19th St & 2001 S Broadway St Industrial FOR SALE


Oklahoma City, OK
$4,250,000 USD
858-373-3176
, Oklahoma City, OK for Sale
$4,250,000 USD
Industrial - FOR SALE
1/10
null | 8.81% Cap Rate

200 SE 19th St & 2001 S Broadway St
Oklahoma City, OK


HIGHLIGHTS

  • 8.81% current cap | 11.79% pro-forma cap
  • Short-term leases allow for mark-to-market upside
  • Strong frontage on SE 19th & S Broadway

OVERVIEW

We are pleased to present the opportunity to acquire a ±47,731 SF multi-tenant retail/industrial center situated on ±2.71 acres in Moore, Oklahoma. The property is offered at $4,250,000, representing a current 8.81% cap rate with in-place income and a clear path to a pro-forma 11.79% cap rate through mark-to-market rent adjustments. The asset is leased to a diversified tenant mix, primarily on short-term leases, creating immediate flexibility for a value-add investor. The significant gap between current rents and market rents provides a strong opportunity to increase NOI through lease renewals and restructuring. With frontage along both SE 19th Street and S Broadway, the property benefits from strong visibility and access in one of Moore’s primary commercial corridors.

ASK ABOUT THIS PROPERTY

Ben TashakorianMarcus & MillichapMore Info
858-373-3176

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Ben TashakorianMarcus & MillichapMore Info
858-373-3176

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