400 N Macarthur Blvd - Warehouse FOR SALE


Oklahoma City, OK 73127- West Oklahoma City
$2,450,000 USD
405-659-9439
400 N Macarthur Blvd, Oklahoma City, OK for Sale
$2,450,000 USD
Warehouse - FOR SALE
1/40
null | Request Cap Rate

400 N Macarthur Blvd
Oklahoma City, OK 73127
West Oklahoma City


HIGHLIGHTS

  • Approximately 20,000 SF total building area
  • 1,950-amp, 480-volt, 3-phase electrical service
  • Approximately 321' of frontage on MacArthur Blvd
  • (10) 18' overhead/grade-level doors
  • Four buildings
  • Large fenced and graveled yard

OVERVIEW

400 N MacArthur Blvd | Oklahoma City, OK Industrial / Warehouse Investment & Owner-User Opportunity Excellent opportunity to acquire a highly versatile industrial, automotive, warehouse and income-producing property along the heavily traveled MacArthur Boulevard corridor in Oklahoma City. Situated on approximately 4.27 acres with 321 feet of frontage on MacArthur Blvd, the property features approximately 20,000 SF across four buildings, extensive fenced and graveled yard space, multiple existing income streams, potential seller leasebacks, and I-3 Industrial zoning. With a reported traffic volume of approximately 18,572 vehicles per day, the property offers strong visibility and accessibility for businesses requiring a combination of office, showroom, warehouse, service bays, outside storage and secure yard space. The property is well suited for automotive sales and service, towing and wrecker operations, fleet services, contractors, warehousing, distribution, equipment storage, light manufacturing, service businesses, or other industrial uses. PROPERTY HIGHLIGHTS Approximately 20,000 SF total building area Approximately 4.27 acres Approximately 321' of frontage on MacArthur Blvd Reported traffic volume of approximately 18,572 vehicles per day I-3 Industrial zoning Four buildings Approximately 10,000 SF of office space on two levels Approximately 4,000 SF automotive showroom, currently being utilized for indoor soccer training and offering the flexibility to be converted back to showroom or other commercial/industrial use Additional approximately 3,000 SF building with two overhead doors (10) 18' overhead/grade-level doors Approximately 18' clear ceiling height 1,950-amp, 480-volt, 3-phase electrical service Dedicated wash bay Large fenced and graveled yard Outside storage and operational space Multiple buildings and yard areas provide flexibility for multi-tenant occupancy Excellent visibility and frontage along MacArthur Boulevard EXISTING & POTENTIAL RENTAL INCOME In addition to its owner-user potential, the property offers an attractive opportunity for an investor seeking immediate rental income with the potential for longer-term lease stability. Indoor Soccer Tenant – Currently $6,000/Month The existing indoor soccer operation currently pays approximately $6,000 per month, with a proposed increase to approximately $6,500 per month. The tenant has indicated an interest in potentially entering into a long-term lease, creating an opportunity for greater income stability for a new owner. Automotive Tenant – $2,500/Month An existing automotive tenant currently pays approximately $2,500 per month on a month-to-month basis. Wrecker Service Tenant – $1,500/Month A newer wrecker service tenant currently leases office space along with approximately one-half of a fenced yard area for $1,500 per month. The tenant is not currently under a long-term lease. PROPOSED SELLER LEASEBACK The current owner is willing to remain at the property following the sale and enter into leaseback arrangements for portions of the property, providing a new owner with an opportunity for additional income. Car Lot Leaseback – Approximately $2,000/month Wrecker Service Leaseback – Approximately $3,000/month Owner is willing to consider approximately 3- to 5-year lease terms Based on the existing tenancy, proposed soccer rent increase and potential seller leaseback arrangements, the property has the potential to generate approximately $15,000 to $15,500 per month, or approximately $180,000 to $186,000 annually in gross rental income, subject to final lease negotiations, tenant agreements and verification. This combination of existing tenants, potential long-term tenancy and proposed seller leasebacks gives an investor the opportunity to acquire an income-producing industrial asset while maintaining flexibility for future owner occupancy, expansion or repositioning. STRATEGIC OKLAHOMA CITY LOCATION Positioned along the MacArthur Boulevard industrial corridor, the property provides convenient access to Oklahoma City's major transportation network and surrounding commercial and industrial areas. Approximately 7.1 miles / 16 minutes from Will Rogers World Airport Approximately 6.5 miles / 11 minutes from the Oklahoma City Amtrak station Approximately 3.5 miles / 6 minutes from Apollo Distribution, Inc. railroad facilities Multiple nearby bus stops along MacArthur Boulevard and Reno Avenue Convenient access to major Oklahoma City transportation corridors The combination of I-3 Industrial zoning, heavy 3-phase electrical service, multiple 18' overhead doors, substantial fenced yard space, multiple buildings, MacArthur Boulevard frontage, proximity to air and rail transportation, and significant income-producing potential makes 400 N MacArthur Blvd a compelling opportunity for both investors and owner-users. Whether acquired as a multi-tenant industrial investment, automotive and towing facility, contractor headquarters, fleet operation, warehouse/distribution property, or future owner-user facility, this property offers the space, infrastructure, visibility and flexibility to accommodate a wide variety of industrial and commercial operations. Contact listing agents for additional financial information, tenant and proposed leaseback details, property information, and showing instructions. All building sizes, acreage, traffic counts, lease amounts, proposed lease terms, income figures, distances and property information are approximate and should be independently verified by prospective purchasers. Proposed leasebacks and future rental amounts are subject to negotiation and execution of final lease agreements.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Showroom, Service, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

10

PARKING SPACES

20

LAND DETAILS

LAND ACRES

4.27

LAND SF

186,001

ZONING

I-3

APN/PARCEL ID

148071080

ASK ABOUT THIS PROPERTY

Debbie NaifehMcGraw Realtors - EdmondMore Info
405-659-9439

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

Debbie NaifehMcGraw Realtors - EdmondMore Info
405-659-9439

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