3275 E Waterloo Rd - Warehouse FOR SALE


Edmond, OK 73034
$2,888,695 USD
405-830-0252
3275 E Waterloo Rd, Edmond, OK for Sale
$2,888,695 USD
Warehouse - FOR SALE
1/8
null | 11.5% Cap Rate

3275 E Waterloo Rd
Edmond, OK 73034


HIGHLIGHTS

  • 12 Flex Industrial Buildings (1,800 SF per Building)
  • 100% Leased (All OMMA Compliant Cannabis Grow Facilities)
  • 11.5% CAP Rate
  • Consistent Occupancy
  • Highly Desirable Facilities for Medical Marijuana Industry
  • Easy Access to I-35

OVERVIEW

Built in 2020, 3275 E Waterloo Rd was designed to accommodate cannabis cultivators seeking a turnkey grow facility. Each building on the property was specifically built in compliance with OMMA regulations and has continued to stay in compliance with ever evolving regulations in the industry. In turn this property has become a hub for boutique growers in the Medical Marijuana space. Since completion, occupancy levels have stayed high, given the limited availability of this type of space in the OKC metro. The property features 12 individual grow buildings, on site restrooms, and an administrative office. Currently at 100% occupancy, 3275 E Waterloo Rd boasts a high cap rate of 11.5%.

FOR SALE DETAILS

PRICE

$2,888,695 USD

PRICE/SF

$129 USD /SF

CAP RATE

11.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

12

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.18

LAND SF

51,401

ZONING

Unincorporated

APN/PARCEL ID

420021501

ASK ABOUT THIS PROPERTY

Ethan SlavinCreek CREMore Info
405-830-0252

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Ethan SlavinCreek CREMore Info
405-830-0252

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