3301 Classen Blvd - Auto Repair FOR SALE


Norman, OK 73071- Outer Norman
$2,521,739 USD
914-403-7574
3301 Classen Blvd, Norman, OK for Sale
$2,521,739 USD
Auto Repair - FOR SALE
1/3
null | 5.75% Cap Rate

3301 Classen Blvd
Norman, OK 73071
Outer Norman


HIGHLIGHTS

  • Excellent Corporate Guarantee from Leading Tire Retailer
  • Strong National Tenants | New Development Area
  • Proximity to The University of Oklahoma
  • Dense & Growing Trade Area

OVERVIEW

Surmount is pleased to present the exclusive listing for a Brakes Plus located at 3301 Classen Boulevard, Norman, OK 73071. The site consists of roughly 4,897 rentable square feet of building space on an estimated 1.24-acre parcel of land. Brakes Plus is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $145,000 and has scheduled increases of 5.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$2,521,739 USD

PRICE/SF

$515 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brakes Plus

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

-

APN/PARCEL ID

R0168266

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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