2150 S Douglas Blvd - Storefront FOR SALE


Oklahoma City, OK 73130
$2,200,000 USD
405-473-7653
2150 S Douglas Blvd, Oklahoma City, OK for Sale
$2,200,000 USD
Storefront - FOR SALE
1/8
null | 7.33% Cap Rate

2150 S Douglas Blvd
Oklahoma City, OK 73130


HIGHLIGHTS

  • METAL ROOF
  • NNN LEASES
  • ABUNDANT PARKING

OVERVIEW

Orchard Plaza is an eight (8) unit, 12,000 sf retail shopping center situated on the east side of S. Douglas Blvd., in Midwest City, Oklahoma. There is currently one vacancy of 1,200 sf offering income upside. The NOI and CAP rate are based on current/actual numbers. There are four (4) ingress and egress driveways to the property and one pylon sign at the front street (Douglas Blvd.). The property sits on 2 acres and has approx. 80 parking spaces making a 6.6/1000 sf parking ratio. A very attractive property with a stable tenant base makes this a wonderful investment. Traffic counts from S.E. 15h & S. Douglas offer a steady flow of abundant daily traffic. Two car charging stations are on site as well. A rare opportunity to own an excellent and established asset to your portfolio.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$183 USD /SF

CAP RATE

7.33%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

CROSS STREETS

Apple Dr

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

COMMERCIAL

APN/PARCEL ID

123672550

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 Policy.